David,
I can see why Chad may have thought it was in a different hand. I looks like Gehrig wrote the salutation and then stopped to double check the name and when he started again he left a large space between 'wishes' and 'Nick'. It also looks like he may have turned the pencil a bit and gotten a new edge. That is why pencil signatures are so great. They can have a lot of character, much like a fountain pen. From my perspective it is easy to see that it is all in Gehrig's hand. The flair in 'Nick' fits with the rest of the writing and the 'i' is very consistent.
Cheers,
Michael
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