Green’s Dictionary of Slang

shavings n.

1. (UK Und.) the clippings from shaved coins.

[UK]B.E. Dict. Canting Crew n.p.: shavings c. the Clippings of Money.
[UK]New Canting Dict. [as cit. c.1698].
[UK]Bailey Universal Etym. Eng. Dict. [as cit. c.1698].
[UK]Grose Classical Dict. of the Vulgar Tongue.
[UK]Lex. Balatronicum.
[UK]Egan Grose’s Classical Dict. of the Vulgar Tongue.

2. (US Und.) alcohol.

[US]C. Hamilton Men of the Und. 325: Shavings, Alcohol.