Very strange Morgan Dollar edge error, any ideas?

Here's a Dollar with an odd error on the rim. It looks like a piece of the edge came off during striking and was struck into the edge next to where it came from. The piece has reeding still on it. Here's some pics and hopefully you guys can see it. A first I thought it was just rim damage but when I put a glass on it I saw what I think
happened.

 

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It looks like it was put into some sort of locket/clasp and used as jewelry, can you post a whole obverse and reverse photo?

 

Is it possible a chip of silver was between the collar and the planchet? The reeding appears to support that.

 

NO. OP needs to make sure the blob of metal is silver and part of the rim. Location at 12 O'clock indicates mount removal.

 

I agree with the others, it looks as though it was mounted to something at one point in it's life.

 

Yep - and somebody butchered that area of the coin trying to get the mounting off (no innuendo intended)

 

Morgans looks so awful in bezels!
Not an error

 

Morgans look awful. Period.

 

Colors are pretty. That face though.........

 

I tell you, it's not THAT bad!

 

Meh, I like underlying beauty more than makeup.

Members of a certain age will understand when I ask if that's from the Tammy Faye collection.

 

Tammy Faye and Jim invented cable TV

 

And I tell you... if fortune enough to someday possess a tiny fraction of the class this woman did, consider yourself very lucky, young fellow...

 

The woman who took over someone elses project, forced them out, and took credit for creating it?