Minecraft 1.19.2
Fabric 0.14.17

Switching the "Can Press Coins" config on should add a recipe that turns a nugget into a coin, right?

Instead it seems to just have a recipe with no input.

Oh that's very odd. I thought I'd completely turned off the config in 1.19 tbh, the way I was handling it broke in the version update. I'll look into this and see if I can get it working again.

Can you confirm if 1.3.1 fixed this or if it's still happening?

The recipe is functioning! Recipe does indeed now display properly, and it also works in the actual presser, I checked.

Setting the config true or false did not seem to effect this however.

Yeah the config not working is known, the way I'd been disabling the recipe doesn't seem to work in 1.19 and to be honest I was considering just removing the option entirely. CraftTweaker or another recipe / datapack editing mod can cover that well enough though, if you need to remove/change it for a modpack.