You earn charms for your attache case as you play the shooting gallery and insert coins in to the gumball / toy machine.

They provide small passive boosts to enhance your game play.

You can equip up to 3 charms to your attache case.

There are a total of 30 charms to be found from the machine, 1 from the pre-order bonus and 1 from the Deluxe Edition of the game.

Any combination of silver / gold tokens can be used, but you need 3 coins total for 1 random charm.

Silver tokens are the more common ones and gold tokens are the rarer ones. Using gold tokens increases your chances at pulling the more epic charms, like the elusive Rhinoceros Beetle... which took me around 100 gold tokens to finally grab... so yeah, it's all based on b.s. luck.

If you want to really try to get the rarer items, you'll want to shove 3 gold tokens in the machine instead of just silver ones but this doesn't mean the silver tokens are garbage. You can still have a chance at finding epic / legendary charms, using silver tokens, it's just at a slightly lower rate.

Unfortunately you CAN pull duplicates, and you WILL pull them...

The charms you receive are all pre-determined from when you start your game. In other words, there will be no save scumming, as it's not on an RNG system. So if the game decides it's going to take you 100 coins to pull a specific charm, then you're basically s.o.l. You have no choice but to just keep slugging in coins until you pull the charm you need to finish the collection... Which is why I hate this entire portion of the game and it was better in the original.

You CAN NOT equip multiple charms of the same type (I tried) So if you have 2 Striker charms and want +16% run speed, forget it, the game will just unequip the charm and move it to another spot.

Any duplicate charms you DO pull can be sold for extra Peseta's. So there's some light at the end of the tunnel if you keep pulling garbage.

Location - In the Merchant area just past the Quarry pit.

• Challenge 1A - SG-09R (i.e., default handgun)
  
• Challenge 1B - SR M1903 Rifle
  
• Challenge 1C - Both these aforementioned weapons

Bonus round condition - Destroy all pirates.


Location: Just after you get past the Courtyard Maze, you'll reach the Grand Hall. The elevator is in the Merchant hub in this area.

• Challenge 2A - TMP
  
• Challenge 2B - Riot Gun
  
• Challenge 2C - TMP and Riot Gun

Bonus round conditions: Destroy all pirates; must have 20/30 seconds remaining.



Location: You'll reach this area after the Verdugo encounter. Salazar's right-hand and assassin will stalk you in the tunnels, and you'll have to wait for the elevator so you can ride back to the top. Once the next chapter begins, you'll see the Merchant and this Shooting Gallery.

• Challenge 3A - Red9
  
• Challenge 3B - Punisher
  
• Challenge 3C - Punisher

Bonus round conditions: Destroy all pirates in 10 shots or less. Due to the nature of these rounds, you'll have to be more selective when firing your weapon. Take note of dynamite for AoE kills, and the Punisher's penetration capabilities.


Location - After the chapter where you have to complete the Keycard Access Terminal Puzzles, Leon and Ashley will be reunited (again). Pass through the gate to reach the Merchant's spot with this elevator.

• Challenge 4A - Punisher and Riot Gun
  
• Challenge 4B - Bolt Thrower
  
• Challenge 4C - Blacktail, Stingray, Striker, and TMP

Bonus round conditions: Destroy all pirates (all three challenges); fire less than 20 shots (only 4A).


Location: The Specimen Storage building is a point of no return in Chapter 15.

• This is the last Resident Evil 4 Shooting Gallery. There are no new challenges, but the previous ones are still available.

You have to had pre-ordered the game to get this charm. P2W FTW. :/

The only way to get this charm is to have the Deluxe Edition:

These make up the bulk of the duplicates you'll receive while trying to pull better ones.