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The Hall of Fame typically inducts three toys each year, with last year's honors going to miniature green army men, the Rubik's Cube and bubbles.
The 2015 finalists are: American Girl dolls, Teenage Mutant Ninja Turtles, spinning tops, Twister, Wiffle Ball, Battleship, puppets, Jenga, coloring books, Playmobil, Super Soaker and scooters.
The National Hall of Fame said the toys are judged based on icon status, longevity, discovery and innovation.