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Preheat oven to 375 degrees.
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In a large bowl, cream together butter, peanut butter, sugar and brown sugar.
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Add vanilla and mix
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Add the egss, one at a time, mixing well after each one.
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In a separate bowl, mix the flour, baking soda and salt together. Add to mixing bowl and stir until completely combined.
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Fold in peanut butter chips.
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Roll dough into 1 1/2 inch balls (about walnut size)
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Place the 1/4 c. sugar in a shallow bowl and roll each ball of dough in the sugar until completely covered.
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Place the rolled dough on a baking sheet lined with parchment paper or sprayed with non-stick cooking spray and gently press each dough ball down to about 1/2 inch thick.
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Bake the cookies for 7-9 minutes.
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Allow the cookies to cool on the cookie sheet for about 5 minutes. Move them to a wire rack (or paper towel) to finish cooling.
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Note: these cookies are very soft. You don't want to overbake them or let them turn brown. They will continue to set up as they cool.