Peanuts and Diamonds and Other Jewels is a studio album by American country singer-songwriter Bill Anderson.

The album included three singles issued between 1975 and 1976, two of which became major country hits in both the United States and Canada.

Other tracks included on the album were written by Curly Putnam, Bobby Braddock and Glenn Martin.

[3] It spent 14 weeks on the Billboard Top Country Albums chart before peaking at number 12 in November 1976.

[8] The song was another major hit in Canada, reaching number five on the Canadian country singles chart.