Your right, the word TITANIC is really messed up. The slant is different and the top, horizontal stroke on the "T" is longer than other T's. The "N" is wider than other N's and its diagonal stroke is missing the short, mid stroke vertical cut. The "C" is way below the lettering base line. It is also more round than other C's and it has an extra, short serif stroke on the top. Anyway, these are the most glaring differances to my eyes.

Michael
http://www.archcarving.com