I wouldn't think so. Unless it's internally grounded like some starter solenoids are. If there are two connections for the coil (total of 4 overall) then it shouldn't matter.
[on edit]Looking at the '54 wiring diagram, I've confused myself. What are you working on? It shows 3 contacts, marked H, B, and S (horn button).

Last edited by klhansen; 04/21/2021 9:46 PM.

Kevin
1951 Chevy 3100 work truck
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1929 Ford pickup restored from the ground up. | 1929 Ford Special Coupe (First car)
Busting rust since the mid-60's
If you're smart enough to take it apart, you darn well better be smart enough to put it back together.