Something I have found no matter the detector I used, most coins were at just below the surface to about "4 depth. In all the reading I've come across, the majority of authors have also indicated that most productive results will occur at those depths for coins. In my experience, age of coin has never seemed to favor any particular depth. Lawns I suspect grow over them as there is a certain amount of dust and dirt fallout from the atmosphere that eventually mixes in with vegetation and compost to cover the coin. Others I suspect find their way down by being in mud and by weight, naturally settle like Gold till they are stopped by something else or the ground has been tilled or moved around by blading and digging. Surf or wave action on beaches have been known to bring lost coins in and take them back out and I'm sure their depths will vary greatly.
One thing to keep in mind about coins, the ones most noticeable are the ones most likely to catch an observant eye. Metallic silver colored coins are more noticeable than tarnished copper. Another is few people will stop to pick up a penny where they will most likely stop to pick up a nickle. With the advent of the Zinc Penny, many MD'ers are leaving them where they find them but I still retrieve them to take them out of the loop. This last weekend, I found two very clean dimes on the surface but I would not have seen them for the winter fallen grass laying over them. If they had been a few feet another direction, anyone would have quickly seen them as there was no cover. So visual surface detection cleans up a number of coins before we get to them.
Except in one instance, none of my old coins have been found in towns or near any structures like homes. All the rest have been in the mountains. This coin was in a friends yard. I was looking for a supposed lost black hills gold ring in his yard. His daughter said she lost it after borrowing it from a girlfriend. I detected, he dug in the grass. He pulled up what at first looked like a washer and said it must have fell off the lawn mower and almost tossed it when I yelled no with my headphones on. He stopped and I told him to push out the center and sure enough, it was an old Chinese coin. I told him to look at the corners of the square hole to see if they had any cracks and sure enough, 3 corners of 4 did. A Professor at Idaho State univ. tried to figure out the date and Emperor on this coin but said it was so rare, he could not. His home was at the outer edges of the city limits with open ground behind the place and not far from where the Chinese railroad gangs lived in the later 1800's then outside the city. Oh, the ring I never found because she lied to her Dad and had sold it. It was his yard and though he offered it to me, I told him to keep it.
In the old days of Idaho, there was not much exchange of currency or coinage and much was done on paper, through bartering, or with gold dust. My oldest dated find was an 1899 V-Nickle. The rest have been Silver Halfs and Quarters, Mercury Dimes, Buffalo's, and War Clad and Wheaties. It has only been the more modern coins I've found in yards or along sidewalks, highway turn outs, and under clothes lines or in parking lots and camp grounds for instance.
A rule of thumb on round coils is the diameter will be representative of depth. It has been my experience with my Garrett Freedom II at 5.5 kHz, that the more wet the ground, the better it detects and I have read this can be the case with some models and makes of detectors. My Garrett Master Hunter and BH Pioneer 505 don't seem to care either way. With my Freedom II, knowing what I was looking for and roughly where it was, detected a property survey stake twice the depth of the diameter of my coil with no discrimination in a somewhat iron trashy environment. First found directly above the metal stake was a wooden stake with a nail in the top. The owner of the property removed it but with headphones, I could still hear the real one below and told him to dig more. He gave me a funny look but did it. This guy was so impressed, he bought himself a nice used top of the line Garrett metal detector. This of coarse was before I had the BH 505.
I have not used a 10" coil on a BH yet but I have with my Garrett Master Hunter. It has been my experience though I can still ground balance it out in my mineralized area, it is effected more by mineralization and will hit on deeper hot rocks and metallic items and it is also effected more by multiples of targets under the larger area it will cover, especially in trashed out locations. The hot rocks I can figure out with the flick of a switch but it takes some sorting out of multiples of targets detected all at once. Large coils have a time and place to be used. I've read where those in competitions will use the large coils not so much for depth but to cover more area than the next guy and in shorter time so to increase the chance of finding the better prizes you get to keep buried by the Detecting Clubs.