coin purse noun3 •A small bag or pouch designed for carrying money, particularly coins.“I have gold,” Mananda repeated to the men as they drew closer, and he shook his coin purse, ringing the coins together. — 2007 •(slang) Testicles.The classy trend of kneeing a man in his coin purse once seemed fresh. Like Paul Newman kicking that baddie in the nuts in Butch Cassidy. — 2013 •(informal) a type of theatrical performance undergarment used to hide male genitalia, by stuffing it into a pouch with a drawstring, to simulate being nude formscoin purses