This is such a cute vintage gold charm! It is a dimensional golf bag filled with clubs that come out of the bag as you tilt the charm. It measures 7/8" tall by 3/8" wide at the bag handle and 3/16" deep.
It is in excellent condition, marked M&M and 14k. It was carefully tested. Estimated to date from the 1980's with an overall weight of approximately 3 gram.