Sorry, my error.
I checked auction results, and apparently looked too quickly. I found listings for an AW Meyer in Savannah whose bottles have only sold in the $100-200 range.
So much hangs on so few letters. The bottle is in rough condition which does hurt its prospects but it may just be that there are a few collectors that have to have one regardless of condition.
Even if rare, I can't imagine someone paying a whole lot for such a rough bottle...unless I am misinterpreting your photos....like I said, they are darn small pictures. Post some larger ones and you may get a different opinion!