It's not totally irrelevant since we can make a first-order guesstimate of the change in energy that would correspond to "flipping" the outcome.
Let's ignore translational velocity, assume a coin of unit mass is fixed to a horizontal frictionless axis. It starts heads up, then we give it an initial angular velocity w_0 and the outcome is defined by which side points up after 1 second.
Define a function f: R^+ -> {H,T}: w_0 -> outcome(w_0)
Let p_i be the sequence of "flipping points" in f, so the sequence of points where f goes from H to T or vice versa.
Define a function err: R^+ -> R^+: x -> |p_above(x) - p_below(x)|, giving for each w_0 the length of the interval with the same outcome as w_0, effectively proportional to our available error range before we mispredict.
The question is how err grows. Assuming no air resistance and hence constant rotation, err is constant, all the p_i are at 0.5k with k \in N. So err would be independent of w_0 (which is proportional to the initial energy, so independent of the initial energy).
Assuming air resistance is linear in angular velocity, angular velocity would decay exponentially, and err would decay as w_0^-1[*]. Which does depend on the initial energy, but not in the way you seemed to argue, a bigger initial energy is better than a smaller one. Because what you really want to do is to change the coin's angular velocity as much as you can in the space of 1 second which, with any air resistance which is strictly increasing in angular velocity, is to be had at higher initial energy rather than smaller.
The real question is, since the behaviour of err depends on the air resistance function, what happens to err when air resistance becomes super-linear in angular velocity or even goes turbulent and chaotic? For example if we can get err to decay exponentially then we should be good for claiming that a coin toss is inherently unpredictable even under a deterministic Newtonian model. Well, assuming that this happens at "reasonable" angular velocities for an actual coin toss.
* ETA: actually it's still constant but at a higher frequency, the distance between all p_i is still the same, it's just a lower constant than in the "no air resistance" case. It stops being constant if air resistance is super-linear in angular velocity.