From the Super Mario Wiki, the Mario encyclopedia
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The Lucky Charm is an item found only in Mario Party 3. It is a coin with a portrait of Game Guy imprinted on it, and is obtained by buying an Item Bag at an item shop, meeting Toad, on an Item Space, or in a hidden block. Players can use this item on any player.
When the Lucky Charm is used, Game Guy appears and forces the targeted player to risk all coins on a chance game, one of Game Guy's Minigames. If it is won, it'll multiply the challenger's coins; if it is lost, the player does not retrieve the coins.
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