From source:

The 120 Star Reward

Another Toad pic! Imagine collecting the 120th star to release the final Toad from the walls of Peach's Castle, and they invite you to the first floor for a reward! Looks like they gave me a special mushroom to keep me docile...knowing that I can't run out and give the stars to someone else... Clever Toads... But I'm not salty. They know exactly what I love, after all...

Models by HiroshiSan and CynfulEntity