Melt 1 lb. margarine. Add 2 1/2 boxes powdered sugar and 2 cups peanut butter. Add 1 tablespoon vanilla. Mix thoroughly in large bowl. Roll into one inch balls and place on waxed paper.
In the top of a double boiler, melt 12 oz. chocolate chips and 1 square paraffin. Dip peanut butter ball in chocolate and top with pecan chip to cover the hole.
Makes a lot. Can half recipe for less. You can also use 1/2 chocolate chips and 1/2 butterscotch chips.