Place half of the peanuts in an ungreased 11x7x2-inch baking pan; set aside. In a saucepan, melt butter and peanut butter chips over low heat. Add milk and marshmallows; cook and stir until melted. Pour over peanuts. Sprinkle the remaining peanuts on top. Cover and refrigerate. Cut into bars.

Kathy Tremel, Earling, Iowa Taste of Home, Dec/Jan/94