Most of the coins (old era) that I wish to find.... are at depths of 11" - 27" here in sand-bar Florida.
Agreed. In the beach berm, where the soil matrix is well mixed and liquefied, and barring obstacles (pebbles, shells, rocks) or limestone hardpan, coins will sink via gravity and turbulent mixing to the point of near equal density (isodensity). On the beach this would be a very accelerated example of the basic principle that works inland - though the probability of encountering obstacles at depth is greater inland, hence slowing/halting descent to shallower depths. Still, all things being equal, an older coin under ideal inland soil composition will be deeper than a recently dropped coin (not so true for beach berm where coins sink rapidly).
Coins will sink rapidly at first due to the greater turbidity near the surface and a decidedly lower density matrix, but descent must slow with increasing depth (grains are more compacted.) Had Hernando de Soto accidentally dropped his newly minted 1539 Spanish gold coin on the Florida beach, it could easily be resting today on hardpan (clay or limestone) from 3 - 40 feet down, which is effectively at the earth's core for any MD. However, allow a storm surge to remove the lighter quartz silica and clays , and assuming the coin is not washed out to sea - there is a chance of recovery.
An objects' shape will affect sink rate: the more easily the object can displace the soil beneath it, the faster it can sink, all things being equal. Two objects of similar density, the object that presents less surface area will sink faster, though not necessarily true where turbidity is the major contributor. Turbulent mixing in the top layers of wet beach sand should move small objects downward at near identical rates (less frictional resistance would aid descent - a mini-ball has less resistance than a ring, and a ring may have less resistance than a coin and a coin less than a nail, and a nail less than a soda can ). On the beach, below the level of strong turbulent mixing the downward motion is primarily the effect of uneven densities (soil compaction vs. object density).
The expectation should be then to find newer objects at the depth of turbulent mixing at the shoreline. That is, within a few hours most small objects have mixed rapidly downward (assuming similar frictional resistance) and will slowly descend further over the ensuing month and years in the deeper percolated soil matrix until they reach their individual isodensity layer, barring an intermediate obstacle.
The oldest gold and silver coins exist under your feet but are out of reach to a MD. But more recently dropped clads on an active shoreline will have a higher detection rate, where the turbulent mixing is restricted to about 8 - 15 inches. Since beaches are volatile, storms can both mix coins downward and/or remove overburden to expose them. In the latter case wave action (and saltation via wind transport) will reestablish the sand overburden in short order again making them undetectable (plus any man-made sand deposition projects).