The Golden Hammer is a stronger rarer version of the normal Hammer. It malfunctions less as well. If you press the standard attack buttons in the air you will float. Golden Hammers are rare but if you put Golden Hammers and Hammers on they are quite common however not as common as a regular Hammer. Like how the Hammer loses its head the Golden Hammer doesn't lose its head but makes a squeaky noise when you try to damage opponents. This is called the Golden Squeaky Hammer. Hammers send opponents vertically when they hit opponents while Golden Hammers send opponents horizontally.