FWIW, having owned the Titus for some years I think it is an issued misprint/miscut card.
Also FWIW, I am more interested in issued error cards than in printers' scrap. I have both, of course, but I prefer the former. My preferences in order from most preferred to least:
--Ghosts
--Miscut Fronts
--Misprint Fronts
--Miscut Backs
--Wrong Fronts [flipped sheet in the press, aligned to the backs]
--Wrong Backs [flipped sheet in the press, aligned to the fronts]
--Misprint or Blank Backs
Don't get me wrong, scraps can be really interesting, but I like the idea of the mistake getting all the way into the package. I mean, did they not care? Were they lazy that day? Did the pressman have a bad night the previous evening?
Of course I do see the attraction of scraps