Melt butter and add to peanut butter and sugar; stir. Take a teaspoon full and work with hands to shape into balls and then put on baking sheet. Place baking sheet with dough in freezer for 20 to 30 minutes.
Melt paraffin and chocolate chips together on low heat in microwave. I prefer to do it with double boiler by putting water in a pan and placing a Pyrex bowl onto of the pan. If you do it this way, be sure that the water doesn’t actually touch the bowl or it will burn the chocolate.
Take dough from freezer and place a toothpick into the balls and dip ¾ of the ball into chocolate mixture. Put balls back onto waxed paper to cool.
Once the buckeyes are made, you can place back into freezer to harden. Once the Buckeye is hardened you can stick into a Ziploc bag or container and store up to 3 months.