I wonder how much history would be lost to us if people didn't write stuff on walls. :D
I don't really see how we can defend the idea that the ancient graffiti is historically valuable and it's a good thing it was left there, but the modern graffiti is a menace that needs to be stamped out.
But older-is-better/more important is a foundational principle of historical academics.
Many of the things we've learned from graffiti can't be learned elsewhere. Things really would be lost to future historians if we managed to stamp out modern graffiti. Thankfully, we won't, so the question is moot.
It's because they're old and rare. A pile of modern garbage? Not interesting. A pile of Roman garbage? That's an archaeological site.