I copied this from another website; not sure of its accuracy, but nevertheless here it is:
Target identification (TID)
Target Identification is closely related to discrimination. Modern discriminating metal detectors can tell you if the target is a copper penny (minted before 1982) or a zinc penny. It can tell between a silver dime (minted before 1965), and what we call a “clad” dime, one that is a composite of copper and nickel.
The output of the discrimination circuitry can be an audible tone, with a high pitched tone for valuables and a low grunt for junk. This is called tone identification. The output is more commonly a meter reading, or a numeric value called a VDI number which appears on a screen. VDI stands for Visual Discrimination Indicator. Discrimination output sometimes uses multiple modes to alert the operator. A high-pitched tone will indicate a high-conductivity target, while the LCD display shows both a VDI number and a probable target. On White’s metal detector, for example, a nickel might appear as “VDI = 18 Nickel” on the display, or “VDI = 80 Dime, Penny.”
Target Identification is not always accurate. The error rate tends to go up when the target is deeper in the ground.