Caramel Marshmallow Buttons

Directions

1. 1
   Place a toothpick in each marshmallow. Place on waxed paper-lined
2. 2
   . Freeze until firm, about 1 hour.
3. 3
   In a heavy saucepan over medium-low heat, combine the caramels, milk and butter. Cook and stir until caramels are melted and mixture is smooth. Dip marshmallows in caramel mixture; roll in cereal. Freeze until firm, at least 1 hour.
4. 4
   Remove from the freezer 45 minutes before serving, discard toothpicks.