Depends how certain you want to be that your coin is fair. You can never be 100% sure your coin is fair, but you can asymptotically approach 100% with increasing confidence of ruling out ever smaller biases. For example, to exclude a 55/45 bias with 99% confidence, you would need to flip the coin 664 times. However, to exclude a 51/49 bias with 99% confidence, you would need to flip the coin 16,589 times.
A more practical approach would be to simply use the von Neumann approach I alluded to above. Take any coin and flip it in twice. If the first flip is heads and the second flip is tails, write down 0. If the first flip is tails and the second flip is heads, write down 1. If the two flips are both heads or both tails, don't write down anything. Repeat until you have 128 zeros or ones written down. This method completely eliminates any bias in the coin and produces a uniformly distributed output. It will require a lot less flips than any method to test whether or not your coin is actually fair.
Is this really necessary ? A coin that flips 0.75 heads and 0.25 tails still has 0.81 entropy. just flip it 156 times to be sure you have a good seed phrase. And if you are paranoid go for 200 flips and you are good to go. You only get cracked if the coin is really a bad coin where it goes tails only less than 15% of the time.
Do you agree?