Green’s Dictionary of Slang

grig n.1

[ety. unknown, but all meanings of SE grig (a dwarf, a short-legged hen etc) imply dimin. size. Johnson suggests that its original meaning was ‘anything below the natural size’]

a farthing; in pl., money, cash.

[UK]Burton’s Diary (1828) I 335: The poor man [...] sent to one Mr. Best, in London, to pay her 40l. to accommodate her for her journey home; but she having received the griggs set sail another way .
[UK]B.E. Dict. Canting Crew n.p.: Not a Grig did he tip me, not a Farthing wou’d he give me.
[UK]A. Smith Lives of Most Notorious Highway-men, etc. (1926) 206: Grig, a farthing. Not a grig did he tip me, i.e., not a farthing would he give me.
[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]‘Jon Bee’ Dict. of the Turf, the Ring, the Chase, etc.
[UK](con. 1703) W.H. Ainsworth Jack Sheppard (1840) 34: He shall go through the whole course [...] unless he comes down to the last grig.
[UK]‘Ducange Anglicus’ Vulgar Tongue.
[Aus]Morn. Bulletin (Rockhampton, Qld) 18 July 2/6: A ‘fiddler’ is used for a farthing as well as a sixpence, and the same explanation does for both. ‘Gig’ is a corruption of the word ‘Grig,’ and ‘Grig’ itself is a slang word for a merry little fellow.
[UK]Nott. Eve. Post 30 Apr. 6/3: Now we come to the humble farthing [...] it was soon turned into rhyming slang into ‘Covent Garden’. Other names are ‘quartareen’ [...] ‘fadge,’ ‘grig,’ and ‘fiddler’.