The internal circuit is indeed different between the original "N" Ford-style starter solenoid, and a modern 12 volt solenoid. The original Ford solenoid had one side of the coil winding connected internally to the BATT post on the solenoid, and the other one was connected to the START terminal on the solenoid. When the start button on the transmission cover was activated, it completed the circuit from the solenoid coil to CHASSIS GROUND (Plus side of battery) and the solenoid pulled in, completing the high curent circuit to the battery. Most modern 12 volt starter solenoids have one side of the coil connected to the mounting leg of the solenoid (Chassis ground), and therefore, require 12 volts from a starter switch to be applied to the START terminal on the solenoid to cause the solenoid to pull in. The difference is NOT that positive or negative ground is used. The difference is in the internal circuitry of the solenoids. There are certain 12 volt solenoids available that can be used with the existing starter switch on the "N"s, thereby preserving the neutral-start safety feature of the original switch on the transmission cover. Drop me an email, if you need sources and numbers.
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