From a preservation standpoint I don't think it really matters. As someone who collects signed cards to use in team matted projects (60 pirates, 61 Yankees, etc) I think pen signatures have a better "feel" for the era. With that said, there are times that pen signatures just get lost in some of the darker areas of cards. As Scott said, the ultra finepoint sharpie looks really good on cards, but it's a personal preference thing. Here's a couple of examples of strong signatures on 1960 pirates cards. I think both look good, but if the Stuart had been signed in pen, it would not have stood out as nice.
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