From the seventeenth century at least it was a custom among workmen generally to club together when purchasing drink, and the noun 'club' can be compared in such contexts with the modern ‘kitty’.
There seems to be some uncertainty about the exact meaning of this word which has been said to be a kind of ‘knobbed’ andiron or one of the irons on which a spit turns (OED).
This was a sea-going boat in earlier times. However, most Yorkshire references are later and point to it as the name of a small vessel, one that was used on the inland waterways or towed behind a larger vessel. In some respects it may have been used interchangeably with cock or cock-boat.
To coin was to mint coins, and that was a lawful process but the word in Yorkshire often has to do with illegal coining, the making of counterfeit coins.