Historic piece of crap
This is one of the most important and most historic turds ever submitted to NG. I didn't realize it's true brilliance until I zoomed in on the letter B and realized just how perfectly formed and gorgeous it really is. The smooth voluptuous right side of the letter perfectly contrasts with the more masculine, sharp left hand side.
Two more elements make this a masterpiece. The choice of the letter red was a stroke of genius. Some might think blue might have worked better, but the red stood out more starkly, and was just inspiring enough to create the Clock Crew.
And finally, the position of the letter. It's not centered, but slightly toward the top right. This avant-garde placement would be a huge influence on the CC, and it's still stunning, seven years later.