We got this idea last Christmas from a library book of holiday recipes, and I think it has become something we make every year. It's so easy, makes an attractive gift, and the combination of the sweet chocolate and the salty pretzel is delicious.
I use the cheap store brand pretzels for this, and they work just fine. :)
Melt some of those white chocolate wafers from the bulk store (the ones intended for melting) in a small pot at a low heat. Stir it constantly, don't let it burn! A double boiler would be great for this too. When it's melted, take some pretzels and dip them into the melted white chocolate halfway. Place on waxed paper on a baking sheet.
The white chocolate will be completely hardened after about half an hour. Now, do the same thing with some milk chocolate or dark chocolate wafers--but dip the bare half of the pretzel in, and after placing it on the waxed paper, drop some sprinkles over top so they stick in the chocolate. Wait a little bit for them to harden, and they're done!
These work well in a decorative tin as a gift for teachers, neighbours, friends, or whomever you like. It's a gift that children can help make, too.
This year, we took the leftover white and dark wafers, melted them and added some crushed candy cane and peppermint extract to make candy cane bark. Also very good and easy to make!