This item card begins the game shuffled into the item deck, with the dice placed to one side until called for.

If you roll the blank shield face, it just blocks all incoming damage (unless you are using death dice, in which case it can be used for the shield faces of the death dice).

Q - Do you HAVE to use the golden axe if you are holding it? 

A – Yes. If the Golden Axe is in your possession, it is your only means of attack.