Authentic coins were made of copper. Many replicas and fake coins made from "base metal" exist.
The first was a privately minted coin called the FUGIO Cent in 1787.
All genuine "Fugio Coppers" are date 1787 not 1776, so the date on your coin is wrong or it's not a Fugio cent.
The Fugio cent was designed by Benjamin Franklin which could be considered to be the first US cent because it was authorized by the Continental Congress.
The first us penny was used in 1787 it was called a Fugio Cent
Depending on condition, it could fetch anywhere from $200 to $2000 or more, if the details are crisp and clear.
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The first US penny, the Fugio cent, goes for around $100 in very poor condition to several thousand dollars in the highest states of preservation.
The first coins made by The United States Mint and released for circulation were the 1793 Liberty Cap half cent with the head facing left and the 1793 Flowing Hair, Head right, chain reverse Large Cent. Both were solid copper.The first coins issued by the authority of the United States were the "Fugio" coppers in 1787.
The value of a 1787 Fugio cent can vary significantly based on its condition and rarity. Generally, these coins can range from a few hundred to several thousand dollars. Well-preserved examples or those with unique characteristics may fetch higher prices at auctions or among collectors. For an accurate appraisal, it's best to consult a professional coin dealer or an auction house specializing in rare coins.
The first two coins made by The United States Mint and released for circulation were the 1793 Liberty Cap half cent with the head facing left and the 1793 Flowing Hair, Head right chain reverse Large Cent. The first coins issued by the authority of the United States were the "Fugio" coins in 1787
The first two coins made by The United States Mint and released for circulation were the 1793 Liberty Cap half cent with the head facing left and the 1793 Flowing Hair, Head right, chain reverse Large Cent. The first coins issued by the authority of the United States were the "Fugio" coppers in 1787.
Most of the colonies had issued coins earlier, but the first officially struck US coin was the 1793 Fugio Cent.