If the entrance has modern signage on the outside, I don't think it's a concern. This mosaic is above the Lagrange St entrance, which is definitely not the main entrance, so again I'm not super concerned about tourists being misled. I also think the mosaic style makes it reasonably clear that it's quite an old sign.
There is the mild concern about the station name, given that under that steel 'Essex' sign it probably actually says Boylston which is obviously a different station. But so long as the exterior is well-signed, and there's a heritage plaque visible, it's probably fine.
I'd also just like to call attention to this specifically. Transit should not just be functional, it should be interesting, even beautiful. There is a reason why, at least for me, using Forest Hills is a significantly better experience than Sullivan or Community College. The bare-concrete stations of the Haymarket North Extension, while certainly functional, are as soulless as they come. Leaving historic elements in places where they can be appreciated by everyone, not just nerds at a museum, goes a long way to making the station better. Yes there are wayfinding concerns that need to be managed, but it's not even unprecedented on the MBTA, the Scollay Under mosaics at Govy are also preserved, but we've added more modern signage. to avoid confusion.