Obtaining this item turns Isaac's torso golden.
Touching enemies freezes them and colors them golden for a few seconds.
If killed in this state, the enemy will drop 2 gold coins
If used in conjunction with E. Coli's effect, enemies will turn into golden poop.
When fighting Mom, if you have this item. When the foot comes down to stomp the character, the foot will turn into gold, character does not take damage, and can safely move away from the foot.