From Starbounder - Starbound Wiki
Disabled: Not currently available
Holiday Spirit is currently disabled from the game. Assets for this exist within the game files, but will not be encountered through normal gameplay.
Holiday Spirit is a crafting material for many Christmas holiday themed recipes. It could be crafted from a Toymaker's Table with 100 pixels.
It had a chance to be dropped by all monsters on all planet levels during the 2013/2014 Christmas holiday season. It is the primary ingredient for most crafting recipes made with the Toymaker's Table.