Hi Eric,
Going to depend on ground mineralization and coil. I have not tried a quarter specifically nor pushed for max depths. A the particular location I tried I took a half dozen of the best VLF units and ran them over an area. The place gets hunted almost daily, and so there is usually nothing but recent drops. The sand has lots of magnetite, a magnet on my pick brings up gobs of it. The part I will swear to is the PI clearly brings up targets that the VLFs miss, but it is not by a huge margin. Just an inch or two, but enough to make totally missed targets light up. Do not go around quoting me on it but a quarter at this location I might be able to get with a PI at 10-12 inches max. Whereas VLFs are hitting more like 8-10 inches max. Does not seem like much but what is important is relative depth, not absolute depth. Anyway, when I get time I will try and get more specific figures.
In low mineral ground a PI sometimes has little or no depth advantage compared to a VLF. I run a Fisher F75 a lot in all metal boost mode with the sensitivity maxed out and get PI like depths in mild ground. The worse the ground mineralization, the more distinct the PI advantage. So it may help you not at all, or a little, or a lot. I do like the internet for ideas but one thing I know for sure. I never really know until I try it myself.
Steve Herschbach