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Similar to "Tea-Bagging". Refers to the act of individually placing ones testicles on another persons eye sockets.

Each testicle should sag into the respective eye sockets of the victim, resembling that of a coin bag resting on the ground. Usually done when the scrotum is most relaxed and saggy. Thus, hot summer days are optimal.
Coin Bagging:

GG: Yo JMarc, what happened with that babe after the bar last night?

JMarc: Man, she was way to drunk and passed out in my bed.

GG: Thats it?!

JMarc: No man, it was boiling in my room, so I coin bagged the shit out of her!
by DoobleTrooble December 09, 2009
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