Line a sheet pan with parchment paper. Set aside.
Cream butter and peanut butter together until smooth and completely combined, about 2 minutes.
8 tablespoons unsalted butter, 1 ½ cups creamy peanut butter
Beat in the vanilla extract and salt.
1 teaspoon vanilla extract, ⅛ teaspoon kosher salt
Add 1 1/2 cups powdered sugar and mix on low speed until mostly combined and then increase the speed to high for one minute. Repeat twice more with 1 cup of powdered sugar each time. The mixture should be smooth, a little bit crumbly and should not stick to your fingers when you pick it up.
3 ½ cups powdered sugar
Scoop mixture, roll into 1 inch balls and place on prepared baking sheet.
Freeze balls for 30 minutes or until very firm. You can also refrigerate for 2 hours if freezer space is unavailable.
When peanut butter balls are just about ready, prepare the chocolate coating.
Combine chocolate melting wafers and chocolate chips in a shallow, microwave safe bowl and melt in the microwave in 30 second increments, at 50% power, stirring in between, until chocolate is fully melted and smooth. Be careful not to overheat the chocolate mixture.
10 ounces milk chocolate melting wafers, ½ cup semi sweet chocolate chips
Using toothpicks or wooden skewers, carefully dip the peanut butter balls into the melted chocolate leaving the top of the ball free of chocolate.
Wipe off excess chocolate on the side of the bowl and return the peanut butter balls to the parchment lined baking sheet.
Carefully twist the toothpick or skewer to remove. Smooth over the hole with additional peanut butter mixture or a slightly wet finger, or leave as is.
Repeat with remaining peanut butter balls until all balls have been dipped.
Let buckeyes sit until the chocolate has set up. Refrigerate buckeyes until ready to enjoy.