Big-dan, another explanation for this phenomenom (of great-looking cuts, with no targets beneath them), is because the sand that is being cut out, is STERILE to BEGIN WITH. You know, like last springs build up, where sand had come back in, (yet without targets coming back with it). So that the sand that is being cut out now, is sterile. The reason I think this is often the case in those situations, is I have sometimes even seen, at the base of such cuts: fixed objects that I know for a fact that I saw the previous season. You know, like fire-pit debri, wooden fixed objects, sewead that's not even corroded yet sticking half-way out of the cut (evidencing only 6 or 8 months of having been buried), etc... So it depends on if the sand that came back in, on that particular zone, had targets coming back in with it in the previous buildup. Sometimes targets come back in, other times it's just sand-alone. So your cuts aren't happening in the better sand, NOT that the targets are pulled out into deeper water with the sand.
Ok jerry123, my take on your question, is coming from my CA experience (so not sure if it applies to your east coast beach): When we get erosion going on here, think of it as mother nature's giant riffle board, or sluice-box effect: the lighter sand is being washed out. And the heavier metal targets are moving slower in that out-motion. Hence they are scattered about on certain parallels, where they've "lost steam". No, they aren't getting "thrown up". They are "going out". And yes some, or all in certain cases, can go all the way out too. In which case they don't necessarily go way the heck off-shore, but might merely be in the rip-curl wave-break section of the beach. Then they come back in slowly, during the calmer season buildup season.
I've even seen freak conditions (real fun to work), where the beach is litterally stratified by weight: The lightest weight coins (dimes, and pennies) are nearest the cut. Then a little below that, is the nickels and like-weighted things. Then a little below that is the quarters and such, and then down closest to the water, is the halves, fishing sinkers and gold rings
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But that is very rare. Most of the time it's just parallel band somewhere between the cut and water's edge, where no targets are above that line, or below that line.
Another freak condition I've seen a few times in my years (but only about every 5 to 7 years) is where it erodes down to bedrock in some spot. And the targets can be so fast and furious, a 400+ coin day (in just a few hours) is possible. That's litterly multiple coins per scoop, as fast as you can dig. But if your beach ROUTINELY gets eroded down to this level (ie.: has "acclimated" to this pattern), then .... no .... bedrock may not be that good.