The printing system is a dot matrix-type printer utilizing a liquid ink reservoir. A plurality of pins are disposed within the reservoir, each pin having a lower end and a tapered upper end terminating in a printing tip. In use, the reservoir is held stationary, the liquid ink being contained therein by gravity. A printing substrate, such as a piece of paper, is drawn over an open upper end of the reservoir. A driver selectively vertically translates the plurality of pins, each individual pin being selectively driven independent of the other pins. Each pin is initially positioned so that the lower end thereof is located adjacent a lower wall of the reservoir, and the printing tip is positioned beneath a surface of the ink. A selected pin is translated upwardly so that the printing tip thereof contacts the printing substrate to form an ink dot thereon.