I gotta ask if there is a lot of trash in the area your detecting? Do you suspect there are any utilities buried, power-gas-sprinkler system-water lines? Does your machine go nuts occasionally *an effect of emi or just to high a sensitivity setting*? Have you properly rebalanced the machine and tried again?
No need to answer those questions here, they are things I think about while detecting and having problems similar to your own. I've had the same problem on pretty much all of the machine's I've run over the years.... target shows in the dime or higher scales but bounces around and when dug seems to disappear.
Same with pinpointing such targets and still getting an empty hole and vanished signal.
Here are some suggestions *you may have tried* as to how limit this kind of problem.
Go to all metal or pinpoint mode and find a clean patch near the suspect target, rebalance your detector detector on it and sweep again.
(my result is that the target usually disappears, mineralization can occur in patches so balancing near such a patch can eliminate this)
If rebalancing does not help go again to pinpoint or all metal and sweep around the target and see how many other targets pop up within a diameter of the size coil you have. If there are a lot of them dig a few out, trash or not, starting form a clean *quiet* spot on the outside edge and work your way in.
(reason being for this is that if there are a lot of targets under the coil, ie a coin spill or a coin amongst an aluminum can bomb *slaw*, this can fool the detector into reading bouncy signals and in pinpoint actually move the point to an area in the middle of such targets because the average signal is around the edges of the coil... kinda makes a hot spot.)
Pay attention to possible utilities and any erratic signals from your machine. Sometimes it helps to reduce your sensitivity to get around this kind of problem.
Keep an eye on depth displayed. If the target is in the high range and the detector says its at 3 inches and you dig 4 inches with no target its probably something really big and deep.... ie utilities or large iron junk... and probably not something you want to spend time on. *unless the treasure map says so

*
Pin pointers are a nice tool, I don't use one myself, but if you pull a plug and the targets just not there well *shrug* pinpointer aint gonna do no good.
My thoughts. Luck to ya
