First go through your bag of chips and pick out the good ones (non broken)
Melt your peanut butter chips until smooth in the microwave. If peanut butter seems to thick for spreading add a teaspoon at a time of vegetable oil and stir in.
Using a pastry brush coat one side of each chip with peanut butter and place on wax paper to dry. If you don't have a brush you can dip, but the peanut butter won't go as far.
Next melt your bags of milk chocolate chips in the microwave until smooth. Same goes if to thick add a bit of oil until desired smoothness. Now brush both sides of chip and let dry. If needed repeat this step to get a nice good chocolaty coating.