If you subscribe and buy it's 32.28 for 12 pounds - comes out to just a penny under $2.70 per pound of quality, shelled, roasted salted peanuts.
I spent a lot of time looking for the cheapest way to buy a significant amount of peanuts without having to buy 50 pounds from a private farm. Looked through a lot of virginia farmers and either the orders needed to be too big, the peanuts were raw or the price was worse.
Personally I bought these to make my own peanut butter and stop buying the stuff at the store. When you compare the price of the nuts to the price of a pound of equivalently high quality, freshly ground peanut butter, the value becomes readily apparent.