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It's actually a steal.
Production time (no way): 24min
Consumes 4 Gold bricks per cycle and stage of development.
Produces 1 coin. per cycle and stage of development.
Production time for 1 Gold coin including Raw materials for level 1:
32x coal (10:30 / 84:00, 1:30 / 12:00)
8x Gold Ore(12:00 / 24:00)
4x gold bar (12:00 / 48:00)
1x coin (24:00)
8 hours 24 minutes 00 seconds / 2 hours 48 minutes 00 seconds
From wiki.
There are those who will actually develop beer production to generate coin income because of the benefits to doing so vs the time for pure production.
with 2 level 3 breweries It takes me 17 hours to produce 1000 beer. I'll pass!