Peanut Butter Balls

1 lb butter
3 T vanilla
3 lbs powdered sugar
4 c peanut butter
12 oz semi sweet chips
1/4 lb paraffin

Combine butter, vanilla, powdered sugar, and peanut butter. Mix well and roll into 1 inch balls. Set aside.
Melt chocolate chips and paraffin together over low heat in a double boiler mixing well.
Dip balls into chocolate mixture with a toothpick. Place on wax paper. Use another toothpick to cover the hole from dipping.
Chill
Store in refrigerator or freezer.