This is my 7th article in the #twelvedaysofchristmas series initiated by 
Like him and those who want to join in on this fun article series, I shall be posting a bar, round or coin a day [for 12 days] that I would love to get as a gift.
The 12 Days of Christmas- DAY 7 and the seventh precious metals piece on my list, is the US Gold Coin pictured below!
$1 Indian Head Gold Coin, Type 2
Photo Source
The Type 2 one dollar gold coins depict Liberty as a Native American princess, with a fanciful feathered headdress not resembling any worn by any Indian tribe. This image was designed by the US Mint Chief Engraver, James B. Longacre Longacrehad, and is one of a number of versions of Liberty that Longacre created based on the Venus Accroupie or Crouching Venus, a sculpture then on display in a Philadelphia museum.
Obverse: Shows Liberty, facing left, encircled by 13 stars with the word "Liberty" on her hair band.
For the reverse, Longacre adapted the "agricultural wreath" he had created for the reverse of the three-dollar piece, composed of cotton, corn, tobacco, and wheat, blending the produce of North and South. This wreath would appear, later in the 1850s, on the Flying Eagle cent.
Reverse: Depicts the denomination and year of issue with “United States of America” above. Issued by the U.S. Mint.
Coin Highlights: 90% pure gold, .0483 oz actual Gold weight, 15mm in diameter.
About this coin...
Even before 1848, record amounts of gold were flowing to American mints to be struck into coin, but the California Gold Rush vastly increased these quantities.
The continued flow of gold from California made silver expensive in terms of gold, and U.S. silver coins began to flow out of the country for melting in 1849, a flow that accelerated over the next several years as the price of the metal continued to rise. By 1853, a thousand dollars in silver coin contained $1,042 worth of bullion.
As silver coins vanished, the gold dollar became the only federal coin in circulation between the cent and the quarter eagle ($2.50 piece). As such, it was struck in large numbers and widely circulated.
According to Bowers in his book on the denomination, "the years 1850 to 1853 were the high-water mark of the gold dollar, the glory years of the denomination when the little gold coins took the place of half dollars and silver dollars in everyday transactions."
This time came to an end in 1853 when Congress passed an act reducing the weight of most silver coins, allowing new issues of them to circulate.
Source of the information above.If you're thinking of giving me this #7gift for Christmas 😉, the current price of an ungraded random year $1 Indian Head Gold Coin, Type 2 AU is:
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Have a lovely December day!!!
Hugs and Kisses 🤗💕💋!!!!