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The pins are sold for $7 each at retail stores and $10 each at events.
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Five young women were selected to serve as princesses for this year's Kentucky Derby Festival. Four of them are from Louisville, and the fifth is from Bardstown.
Each year, the festival hosts more than 70 events in lead up to the Kentucky Derby.
There's just one week until the annual Great Steamboat Race.
Elizabeth King, of Georgetown, was crowned after the traditional spin of a wheel.