But, if you live near an Albertsons (AR, AZ, CO, FL, LA, NM, or TX) and you can get a hold of their circular (the one good through 10/30/12), you can do better.
But wait, you can do even better.
Sign up for Unilever's site, Making Life Better, and print two of the $0.50/2 Skippy coupons in the members-only section. Use two of these coupons to drop that $12.50 total price to $11.50, get the $5 Target gift card, which lowers the price on each jar of peanut butter to $1.30 for each 16.3 oz. jar.
And if you've been reading this blog for a while, you know that I track the price of peanut butter as an indicator as to how expensive food has become, and less than $0.08 per oz. of name-brand peanut butter is an unheard-of price.
Time to stock up.
Even if you don't live near an Albertson's, scour your other local stores' circulars for a Skippy price lower than $3.24, or if you'd rather not do the work, just use the coupons on the gift card deal. Either way, you'll still save quite a bit on the peanut butter.