5 cups unsalted peanuts
1 cup sugar
1 cup water
1/4 teaspoon salt
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In a large heavy saucepan, combine the peanuts, sugar, and water. Bring to a boil; cook until syrup has evaporated, about 10 minutes.
Spread peanuts in a single layer in a greased 15x10x1-in. baking pan; sprinkle with salt.
Bake at 300° for 30-35 minutes or until dry and lightly browned.
Cool completely. Store in an airtight container.