Something to note.
Hogan I believe had 3 different versions of the title belt during his first reign.
The first was that huge, ugly one that Backlund and the Iron Sheik had before him.
Then, he had one, smaller in design with the letters WWF spelled out on it. Can't find a picture of it.
From there, he went to the one in the topic, with the pillars on the side.
Oh, and for the record, Andre the Giant held that last one as Champion...for a few minutes, anyway.
EDIT: Picture found The second one I was mentioning