Preheat your oven to 375 ℉. Unwrap the Hershey's Kisses and set aside. Line cookie sheets with parchment paper.
In a large bowl beat together 3/4 cup peanut butter and ½ cup softened butter until smooth and creamy.
Add ½ cup brown sugar and ½ cup granulated sugar to the bowl and mix until well combined.
Beat in 1 large egg and 1 teaspoon vanilla extract.
In a separate bowl sift together 1 ½ cups all-purpose flour, 1 teaspoon baking soda, and ½ teaspoon salt.
Gradually add the dry ingredients to the peanut butter mixture, mixing until just combined. Place the peanut butter mixture in the fridge for 10 minutes to firm up slightly.
Using a tablespoon, scoop out dough and roll it into 1 inch balls.
Roll each ball of dough into red or green sugar until coated.
Place the dough balls on prepared cookie sheets lined with parchment paper.
Bake for 8-10 minutes or until the edges are lightly browned.
Immediately after you take the cookies out of the oven, place a Hershey's kiss in the center of each cookie.
Allow the cookies to cool on the baking sheet for a few minutes, then transfer to a wire rack to cool completely.
Yields between 3-4 dozen cookies.