Grease both sides of the pie iron with non-stick cooking spray. Spread butter over one side of each slice of bread. Place one slice of bread, buttered side out, into one side of the pie iron. Spread half of the peanut butter over the bread slice. Sprinkle half of the chocolate chips over the peanut butter. Cover with another slice of bread, buttered side out. Close iron and hold over flames for 2-3 minutes on each side.
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