No it is not a real 1877 Indian Cent. Compare to a certified example on eBay. The differences will be pretty clear to you.
Welcome to CT first of all. The item you have shown is a novelty item. Not real or worth more than a novelty.
Only possible way for it to be real is if it spent time in the Jivaro Indian tribe.... Welcome to CT!
Incredibly fake.The 7's are way off. Nothing looks right. I just noticed the tiny size. It will be the same size as a current penny.
I mean, yeah, it's an actual physical object, not a hallucination. But, no, not an actual US coin. Welcome to CoinTalk!
Welcome to Coin talk. I agree with @Mountain Man that the coin you posted is a novelty item. Probably made of copper coated zinc from looks of the discoloration. Another example. These were sometimes sold in sets, and most where quite crudely made.
Looks dumb as dust fako and likely something akin to what the Dutch gave to the native Americans when they stole Manhattan Island.........