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Line a large baking sheet with parchment paper and set aside.
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Combine peanut butter and butter together in a large mixing bowl and mix until well combined. Stir in the vanilla extract.2 cups crunchy peanut butter,½ cup unsalted butter,1 teaspoon vanilla extract
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Gradually add in the powdered sugar, half a cup at a time, until mixture is nice and smooth and you can easily form balls.3 cups powdered sugar
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Stir in crispy rice cereal and use your hands if necessary to thoroughly incorporate into the peanut butter mixture.2 cups crispy rice cereal
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Shape into 1 inch balls and refrigerate for 30 minutes on the prepared baking sheet. (You can also freeze for 20 minutes.)
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Melt candy coating following melting directions on package.16 ounces chocolate candy coating
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Dip the peanut butter balls into the chocolate using a toothpick or dipping tools.
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Transfer to the parchment paper and sprinkle chopped peanuts or chocolate jimmies on top immediately.¼ cup chocolate jimmies,¼ cup salted peanuts
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