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You've never heard of Reddit Premium in 13 years? It's the paid account that got rid of the ads and used to give you a few hundred coins per month. It was like $60/year.
I thought reddit gold was the paid account. I haven't heard of these coins either.
Gold was the standard award up until those in charge saw that they could get more money from people by creating other awards. Coins were the virtual currency used to buy the awards.