Spawning Gameobject at seemingly right position

Hi again, So although i thought i knew already, i got a great explanation about how positioning works yesterday here ,

Now i felt like going back to my project since everything should be clear. Im simply trying to spawn an object at the location of the playercapsule. But even if i copy the position and create a new cube at the given position, its somewhere completely else. Any hints why? (see pictures attached)

 using System.Collections;
 using System.Collections.Generic;
 using UnityEngine;
 using UnityEngine.InputSystem;
 
 public class PlayerShoot : MonoBehaviour
 {
     public GameObject coin;
     public GameObject PlayerCapsule;
     private Vector3 PlayerPosition;
     private PlayerInput playerInput;
     private InputAction shoot;
 
     private void Awake()
     {
         playerInput = new PlayerInput();
     }
 
     private void OnEnable()
     {
         shoot = playerInput.Player.Shoot;
         shoot.Enable();
     }
 
     private void OnDisable()
     {
         shoot = playerInput.Player.Shoot;
         shoot.Disable();
     }
 
     void Update()
     {
         CoinPosition = PlayerCapsule.transform.localPosition;
 
         if (Keyboard.current.gKey.isPressed) 
         {
             Instantiate(coin, CoinPosition, coin.transform.rotation);
            
         }
        
      
     }
 }