Penguin's Gold Medal

The Penguin's Gold Medal is the name given to a supposed collectible that can be given by the Big Penguin in Cool, Cool Mountain. This collectible is believed to exist because after the Big Penguin is defeated, they say:

"You brrrr-oke my record! Unbelievable! I knew that you were the coolest. Now you've proven that you're also the fastest! I can't award you a gold medal, but here, take this star instead. You've earned it!"

Some theories have appeared that you can actually get a gold medal from the Big Penguin. There are several theories on how to get the Penguin's Gold Medal, and what it unlocks.

How To Unlock
There are several theories on how to get the Penguin's Gold Medal. These include:


 * Beating the Big Penguin in a race after collecting 120 stars, in which they will become bigger and harder to defeat because they "got out of shape". This does not award the Penguin's Gold Medal in standard copies.
 * Finding the Big Penguin in the Tall, Tall Mountain slide and beating them in a race.
 * Finding the Big Penguin in The Princess' Secret Slide and beating them in a race.
 * Collecting the Ghoul Medal and then beating the Big Penguin in a race, in which the Ghoul Medal will be transformed into the Penguin's Gold Medal.

What It Unlocks
There are several theories on what the Penguin's Gold Medal unlocks. These include:


 * A new race with the Big Penguin.
 * Making all snow-related enemies ignore the player.
 * The Ghoul Medal.
 * Nothing.
 * The Penguin's Gold Medal appearing on the save file as an achievement.
 * Luigi.