Congrats again! It might be confusing a tad, your member title will change (see the title below your avatar now) but there is no 'mini plaque' to go with these title changes. The image I use (above) is really the image for the wizard award (when a member receives 25 or more replies in their threads).
I think in the beginning when we first started doing the awards, I used this image to symbolize the various member title change designations. Currently, when any of our members receive a combined total of FIVE awards, their member title is changed to "Laureate Legionnaire". To summarize the changes, when a member reaches 5 awards, they will be deemed a "Laureate Legionnaire". When a member reaches 10 awards, they will be deemed a "Creative Chieftain". When a member reaches 20 awards, they will be deemed an "Ornate Oracle". When a member reaches 50+ awards, they will be deemed an "Mosaic Master". None of these designations have a mini-plaque currently since we use the title area instead to notate this and all can see it underneath one's avatar.
If the first tier hasn't been achieved, there is another 'title ranking' in play that the forum updates automatically:
Nomad - 1 post - 1 pip
Babylonian - 50 posts - 1 pips
Assyrian - 150 posts - 2 pips
Egyptian - 300 posts - 2 pips
Greek - 500 posts - 3 pips
Trojan - 750 posts - 3 pips
Roman - 1000 posts - 4 pips
Barbarian - 1300 posts - 4 pips
Viking - 1600 posts - 5 pips
Renaissance - 2000 posts - 5 pips
Enlightenment - 2500 posts - 6 pips
Supreme - 3000 posts - 6 pips
So, the long answer is no, it's not an oversight - I just like that image as it's catchy for the annoucement threads but is used for a diffferent award.
Hope this info helped!