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The coin sound effect is inherently satisfying, tapping into human psychology:

Sounds with a low attack (fast startup) and quick end-cutoff feel "snappy" and rewarding. video_game_coin_beep_sound_effect

Modern sound design often layers high-frequency "sparkle" sounds with 8-bit, nostalgic sounds to create a more satisfying, high-fidelity experience. The coin sound effect is inherently satisfying, tapping

The famous coin sound in Super Mario Bros. (1985) was created under strict technical constraints. Composer Koji Kondo used one of the NES's limited sound channels (pulsewave) to create the signature sound. which only had five sound channels.

Sounds became richer and more varied, allowing for more realistic metallic tones.

It was designed using a simple wave generator on the Nintendo, which only had five sound channels.