We describe the creation and characterisation of a velocity tunable, spin-polarized beam of slow metastable argon atoms. We show that the beam velocity can be determined with a precision below 1% using matter-wave interferometry. The profile of the interference pattern was also used to determine the velocity spread of the beam, as well as the Van der Waals (VdW) co-efficient for the interaction between the metastable atoms and the multi-slit silicon nitride grating. The VdW co-efficient was determined to be C_{3} = 1.84 ± 0.17 a.u., in good agreement with values derived from spectroscopic data. Finally, the spin polarization of the beam produced during acceleration of the beam was also measured, demonstrating a spatially uniform spin polarization of 96% in the m = +2 state