Watch List notes:

(g) Edward VII (1901-1910), Matte Proof Five-Pounds, 1902, by de Saulles and Pistrucci, bare head right, rev. St George and Dragon, edge milled, 40.01g, 12h (Spink 3966; W&R 404; Stratos 206), a superb proof from sandblasted dies, choice mint state