Combine the softened margarine, peanut butter, and vanilla in a large mixing bowl.
Mix in the powdered sugar, graham cracker crumbs, coconut, and chopped walnuts.
Knead the mixture by hand until the heat from your palms helps the dough hold together.
Shape the dough into walnut-sized balls or small finger shapes.
Melt the paraffin wax in a double boiler until completely liquid.
Add the chocolate chips to the wax and whisk slowly until melted and well combined.
Drop each ball into the chocolate to coat completely.
Place the coated balls on wax paper or parchment paper to harden.
Store in an airtight container in a cool place once the chocolate is set.