I understand the desire to keep things uncluttered, but is it really a big deal to have two dedicated coin-in buttons? I have two dedicated buttons and if I built another cabinet I wouldn't even consider any other solution for a second.
I put my coin-in buttons on the front of the CP "box", slightly offset by a few inches to the right of the respective joysticks. This way, the button is in a kind of natural position for the player to take his right hand, slide it down the top of the CP to the front, and immediately find the button without having to hunt for it.
And really, since the CP box is black and I used black buttons, you don't even know they're there.
From a practical standpoint it just makes things so much easier, especially when you've got buddies playing alongside you who don't know a thing about how MAME works. It's so much easier in the midst of a heated game of 2-player 1943 to say "that button by your right hand on the front of the control panel is your credit button, press it to insert a coin" than it is to say "while holding that button up there... no, not that one... yeah that one.. hold that one down, and press that other one... AH DAMMIT, BULLET HELL!... no, not that button, you moron... yeah that.... ah ---fudgesicle--- it, hang on, I'll do it for you".