Red Skin Peanuts are peanuts with the red skin still on them, which is the layer between the peanut and the outer shell. This skin has numerous health benefits and it adds significant nutritional value to the peanut. Peanuts are a staple in the diets of many people across the globe. Because these peanuts come raw, you have a blank canvas to prepare them any way you so desire. Peanuts are an inexpensive way to get your fill of protein and daily recommended values of good fats. You can snack on them, incorporate them into your meals or make your own peanut butter—the options are endless.