Robert, Sorry, no idea what that "tit" could be. Mine does not have that feature. Is it centrally located on the loop? Yes, I was shocked to say the least when I dug that horse-shoe shaped swaz out of the ground. I'm unsure exactly as to what this thing might be. My guess is that it was probably some kind of a "good luck" costume jewelry. Probably early 1900's. Might even be an American Indian piece of some sort. They used the swas motif frequently until Hitler came into power. Never saw one til I dug it up. The blue inlay on the swas looks to be turquoise (a favorite of the American Indian). John