I guess without a coil - a mode you would not normally use for fault finding - Q2 in on, as a result, Q1's b-e junction is also on. You are then measuring the 8v supply minus Vce of Q1.
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. If a coin is on it's edge and at 90 degrees to the coil you get a double beep one one each edge of the coil then if you sweep at 90 degrees you get a single beep at the center. Had that exact situation on the beach and did not dig as I thought the target was too big and was going to be another piece of aluminum. You live and learn.

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