Place a piece of parchment on a baking sheet. Set aside.
Combine the peanut butter,butter, and vanilla in a mixing bowl.
Beat on med-high until creamy and well blended.
Lower the speed and slowly mix in the confectioner's sugar until completely combined. The dough should start to pull itself away from the sides of the bowl.
Use a small cookie scoop and portion out rounds of the dough. Roll it between your hands to smooth it out and then place it on the prepared baking sheet.
Once all of the dough has been rolled, place the baking sheet in the refrigerator to chill for at least 30 minutes or until the dough is firm.
Place the chocolate chips and coconut oil in a small bowl or wide-mouth glass.
Heat the chocolate in the microwave in 30-second intervals at 50% power, stirring in-between each round. Take care to not overcook and size the chocolate.
Once the chocolate is completely melted and smooth, remove the chilled peanut butter balls from the fridge.
Place a toothpick in the center of each of the peanut butter balls.
Gently dip each into the melted chocolate, taking care to only coat them 3/4 of the way up to leave the classic Buckeye look.
Place the dipped Buckeyes back on the tray.
Once complete, chill them again until the chocolate has set.
Remove the toothpicks prior to serving.
Notes
Keep refrigerated between servings in an airtight container for up to 2 weeks.