Green’s Dictionary of Slang

jigging bone n.

also jiggling bone
[ jig v.1 (1) / jiggle v.+ SE bone/bone n.1 (1a)]

the penis.

‘The Original black Joke. Sent from Dublin’ 🎵 I’ll play a tune on the jigging bone / Of your coal black &c.
[UK]Farmer & Henley Sl. and Its Analogues.
[UK]Farmer Vocabula Amatoria (1966) 53: Canal, m. 1. The penis; ‘the jiggling-bone’.