I personally despise the token system. Going back to the days of Runescape, crappy game though it was, I loved its loot system. Enemies worth killing in the world who dropped USEFUL items, yes even a fair few of the low level enemies. Certain enemies had a very low % chance of dropping a very rare, valuable and powerful piece of gear. I personally would rather grind enemies for a month than getting an item guaranteed in 2-3 weeks. I like the idea of scarce rare armor that take a fair bit of time and effort to get, making it an actual accomplishment in the game. Compare it to something like the Relic in this game, or even the Zenith. Kill 3 Primals that are all pretty easy fights, trade in some tomes that you can get in like 3 hours.
Anyways, this is just my opinion and I know it's not a popular one. Personally I don't really bother with Coils, but the few times I have I've been lucky. I think I've been three times and seen 5 pieces of gear for my class, 3 of which I won. I have some friends who have ran coil for 2 months or so without getting a single piece and I feel pretty bad for them
Well, I personally go the longer route and go with crafted gear. I bought darklight on one of my characters and it was a bit disappointing. I had capped on philos a few times in a week farming CT for my chest piece and decided to buy my Warrior a set of Darklight jewels because I needed to spend them. I got the Darklight belt and gloves as well, and the pants. It just feels so cheap, in essentially 2 days and without meaning to I had a fully geared ilvl 74ish tank, and my tank was level 25. I do wish darklight wasn't acquired with tomes. I was the person who ran Stone Vigil 30 times until I got my unique weapon for each class I leveled up, and Dzemael Darkhold until I got the armor set. I farmed Haukke Manor for its weapon even after I outgeared it, and same with the first 3 dungeons for the Acolyte's Robes, because they're unique and look awesome, nevermind that I'm level 50 and they're useless to me.
But I know a lot of people don't enjoy this, and SE seems to be going in their direction so I suppose I'm happy for them.