Here is my buddies gun. Must have the same wear. The slide looks almost like it is clearcoated.
I can't explain it, it just looks different than the other 3rd gens.
I think I get where you're coming from in that the TSW "Billboard" slides DO look different than the roll marked slides.
I have never witnessed the process S&W uses to mark the TSW slides, but I think I know enough about the process to possibly offer a little insight.
I have used the terms "laser engraving" and "laser etching", but I was being lazy and should have used the proper terminology which I believe to be "laser bonding".
With "engraving" or "etching", material (in this case stainless steel) is removed from the surface to leave a crater, just like gouging with a tool.
In "laser bonding", a coloring chemical (like "CerMark" or "LaserBond") is applied to the surface to be marked, then thermally activated by the laser to "bond" itself to the surface (in the desired pattern), and then what's left is washed away.
That's why S&W "billboards" stand "proud" above the surface rather than cut below.
And that is also why the markings can be rubbed off.
It is my understanding that S&W stainless steel slides (both base model and TSW) are tumbled with ceramic stones (as opposed to bead blasting) to achieve the metal "finish".
This tumbling is done before the "billboard" is applied.
Just spitballin' here, but possibly the laser coloring chemical slightly "stains" or changes the steel's reflectivity, subtly changing the "look".
John