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Greg Thebergedstudeba brought up a great point. If the signature was period to the hat it would mean something. Having something signed years after in a sharpy pen at a sports show doesn't mean as much. To be honest, I think it's almost defacing history.
The only modern piece in my collection is a game used base from game 2 of the 2004 Worlds Series. During the same auction, there was a base from game 1 signed by Johnny Damon for sale. My base, of course, went for more just because I was after that specific one, and it was from game two, the bloody sock game. Had I bought the other base, I would have to look at the Turncoats signature every time I saw the base. At one time, I was thinking of getting Schilling's signature on my base, then I thought better and realized that the base was better off left the way it left the field.
then again, that's just my opinion.
Greg