Hi Jim,
Read your post and am a fellow V. user. The GB thing, as you lower the coil you will note a change in the threshold sound. You want to shoot for little or no change. If you can't get it perfect, it is perfered to leave it slightly pos. A slight change upward in sound is positive.
When around iron equipment poles I turn the sensativity WAY down to around 1 or 2. This allows you to get alot closer to the pole. When you move away from the pole just move the sensativity back up. It doesn't hurt depth that much as you are looking for shallow targets anyway.
I like to use a very fine 14k yellow gold ring as a baseline. This ring should Disc. out @ around foil (about half way between iron and nickle). With Disc. adjusted to JUST accept this tiny ring you can be sure to find any gold worth finding. But you will dig LOTS of trash. Not a good setting for trashy parks, esp. in the grass. But great in sand and the beach.
Now if you want to just cherry pick for coins in a trashy park set the Disc. using a '84 or newer (zinc) penny. Adjust the Disc. to just accept the penny and you will be rewarded with pennys, dimes and quaters, almost no trash. BUT you also give up nickles and any gold items. I use this in real trashy parks in the grass where the odds are not in my favor for finding gold as opposed to all the garbage.
Another technique is thumbing the Disc. To do this you have to know just where a nickle and zinc penny discriminates out on your machine. Start with the low foil (small gold ring accept) setting. When you find a target roll the disc. up to nickle reject. If no sound dig. Could be a nickle, gold ring or round pull tab. If sound still there roll the disc up to zinc penny accept. If sound still there dig 'couse almost certinally a coin. If sound gone target was probably (75% chance) a pull tab.
Like has already been mentioned trash sounds alot better, sharper-louder, than coins. Coins are duller and more rounded sounding. Also with the pinpoint button, with practice , you can judge depth by the sound. Louder and higher is real close to the coil. Now when you get use to this and you PP something that sounds shallow but you dig down 3" and still no target chances are it is something big and deeper. Not worth bothering with. As far as the iffy signals-dig a few and find out what they are.
Rember that eyeball ID is the only TRUE ID!!!!