Eutrophication causes seasonally anoxic bottom waters in coastal environments, but we lack information on effects of onset of anoxia and subsequent reoxygenation on benthic fluxes of redox-sensitive minerals and associated organic carbon (OC). As the first study, we determined the effect of inducing anoxia and subsequently restoring oxic conditions in mesocosms with surface sediment and water from a coastal environment. These concentration changes were compared with those in an oxygenated control. We determined water column concentrations of dissolved organic carbon (DOC), particulate organic carbon (POC), iron, manganese, and phosphate. Benthic fluxes of DOC, POC, and iron increased at the onset of anoxia in oxygen-depleted treatments. DOC and iron concentrations increased concomitantly towards maxima, which may have indicated reductive dissolution of FeOOH and release of associated OC. The subsequent concomitant concentration decreases may have been the result of coprecipitation of OC with iron-containing minerals. In contrast, the phosphate-concentration increase occurred several days after the onset of anoxia and the manganese concentration was not affected by the onset of anoxia. Restoring oxic conditions resulted in a decrease in DOC, POC, and phosphate concentrations, which may indicate coprecipitation of OC with phosphate-containing minerals. The high DOC fluxes at the onset of anoxia indicate that redox oscillations may be important in OC degradation. Further, our results indicate a close coupling between OC cycling and dissolution/precipitation of iron-containing minerals in intermittently anoxic sediments.