Green’s Dictionary of Slang

buttered adj.2

[SE butter + sfx -ed, i.e. smooth]

(US black) well-turned-out, elegant.

[US]Chicago Trib. Graphic Section 26 Dec. 7/1: Jive Talk [...] Synyms for Smooth. Plenty potent. Mellow. [...] Righteous. Sharp. King size. Neat. Super-solid. On the buttered size. Home cooked. Feally rugged. Cooking with gas. Singing in G. Strictly barbecued. Hot stuff. Hep to the jive. Alreet. Snazzy. Plenty on the ball.
[US]R. Klein Jailhouse Jargon and Street Sl. [unpub. ms.].