1 c. sugar
2 c. raw shelled peanuts with skins on
1/2 c. water

Dissolve sugar in water in pan over medium heat. Add nuts and cook, stirring frequently. Cook until nuts are completely coated and no syrup remains. Pour onto ungreased cookie sheet, separate nuts with a fork. Bake at 300 degrees for approximately 30 minutes, stirring at 10 minute intervals.