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1 (6 1/2 ounce) can salted peanuts
1 cup butter
1 cup confectioners' sugar
2 teaspoons vanilla extract
2 cups all-purpose flour
Save approximately 48 peanuts for garnish.
Place remaining peanuts in blender, finely ground.
In bowl, measure butter, confectioners' sugar, flour and vanilla extract; add ground peanuts.
With hands, knead until blended. Shape into dime-size balls.
Place on ungreased cookie sheet.
Press peanut in each top for garnish.
Bake at 350 degrees F for 12 to 15 minutes, until lightly browned.