Sadly, this is an all-too-common occurrence for all of us (well, at least me, anyway), regardless of the type of detector used.
Sometimes I get it from a rusty iron target that has formed the "halo effect" in the soil over the years, making it beep up into the coin range, but when you dig, you break the "halo", and then the machine realizes it's just iron, and no longer wants to detect it.
I've even had it happen with some Wheat and Indian cents. One time the signal disappeared on me and I finally gave up in disgust. As I was backfilling the hole, I accidentally discovered the target, lying right there on top of the ground, where I had brought it up. It was an 1871 Indian cent.
A lot of times it's just what I call "phantoms". Who knows.
One thing I noticed with my old GTA-500 and GTAx-550 is that iron targets would often give two cursor blips on the screen- anytime I saw a blip up near dollar range AND another down low, near the iron range, I knew it was iron. I have not noticed this as much with my GTI-2500 but it has done it a few times. I generally avoid signals that bounce between the two extremes. I will dig some bouncing signals, but only if the bounce is within a fairly narrow range- not all over the meter.
I have an innate mistrust of a "dollar signal". Before I dig it, I will come at it from all directions, trying to get it to also ring in the iron range, which it usually will. The imaging feature of the GTI-2500 is nice, because now I can distinguish the hot "dollar" signals from cans, due to their size. I haven't dug a silver dollar yet, in 20-odd years of detecting, but I wonder how many times I have swept the coil over one and ignored it because I am so mistrustful of the "dollar" ID. Hmm.
Of course, sometimes one just gets those weirdo phantom signals that are clear as a bell and repeatable, until you dig, then they vanish.
Maybe it's dirt gremlins or prankish poltergeists or somethin'.