2 lbs fresh peanuts
1/4 c rock salt
2 star anise
2 qts water
Place peanuts into large pot. Cover with water. Add salt and star anise. Bring to a rolling boil. Start timer (25 minutes) when water is at a rolling boil. Remove pot from heat, but leave peanuts in pot until they all sink to the bottom. Drain.
6/2014 update: KTA sells raw peanuts with their signature "1916" label. These peanuts are huge! If using these special 1916 peanuts, boil peanuts much longer than 25 minutes. Begin checking after 45 minutes of boiling. You will also need to add water during the boiling process.