1 pkg. (11 1/2 oz.) milk chocolate morsels
3 inch sq. paraffin wax, chopped
3 1/2 to 4 doz. (3 inch) pretzels
Unsalted peanuts, finely chopped
Mixed colored sprinkles

Line several trays or baking sheets with foil; set aside. Melt milk chocolate morsels and wax over hot (not boiling) water. Stir until morsels and wax melt and mixture is smooth. Remove from heat.

Using tongs, dip each pretzel in chocolate; drain excess. Place on foil-lined tray.

Before chocolate sets, sprinkle with choice of peanuts or sprinkles. repeat with remaining pretzels. If chocolate starts to set, return to heat until melted. Remove from foil when set. Makes 3 1/2 to 4 dozen.