Lucky Iron Axe is a Equip Spell Card.
Spell Cards are usually activated from the hand on your turn unless their type gives another timing window.
On the current TCG and OCG Forbidden & Limited lists tracked here, Lucky Iron Axe is Unlimited.
YGOPRODeck lists Lucky Iron Axe for these formats: Duel Links, Common Charity, Edison, TCG, OCG, Master Duel.
A listed print of Lucky Iron Axe appears in Force of the Breaker (FOTB-EN037) at Rare rarity.
Among markets shown on this page, the lowest listed snapshot for Lucky Iron Axe is about $0.02 on Cardmarket (prices change frequently).
