Yes. All you have to do is get two magnets and put a quarter or any type of coin in the middle of the magnet on the floor and put on the south and south of north and north and it flips!! It always works if you have it on a corner of the magnet.
There are two sides to the coin, so the probability of getting heads or tails on one flip of the coin is 1/2 or 50%.
It's possible there may be some company producing a magnetic product they call "flip flops" and/or flip flop sandals that are magnetic, either miniature or full, wearable sized; but, no, flip flops are not magnets, generally speaking. Flip flops are a simple type of sandal.
Two possibilities that when you flip the coin you would get heads or tails.
a Coin Toss
They flip a coin
one chance in two - 50%
That depends how many times you flip the coin.
The two captains do the toss with the referee.
Two mutually exclusive or contradictory categories. (like when you flip a coin)
Have someone else flip a coin. Pay attention to which way you hope the coin ends up.
It's a novelty coin made specifically for the novice magician and for those who want to know the outcome when they flip a coin. Such a coin demonstrates the need to always look at both sides of the coin when someone offers to flip a coin to make a decision.
By using a device or machine that will flip it for you.