Slugs need spin to stabilize, as they are aerodynamically unstable. For the same twist rate, slugs get less stable as speeds are increased due to increasing aerodynamic instability, so the faster the slug is fired the faster the minimum twist rate required. There is no reason slugs should not be stable at 450 ft/sec, I have tested spin stabilized projectiles at less than 300 ft/sec which fly quite happily. The important factor for spin stability, apart from the degree of aerodynamic instability, is the ratio between the forward velocity and the spin rate, not just the spin rate alone.
Even after polishing, it is possible that there is some spin being given to the slugs as they pass down the barrel. Years ago, so-called scratch rifling was looked at for airguns with some success. A small amount of spin with the low speed may keep the slug close to stable over short ranges. As said previously, it is unlikely to stay for longer ranges.