Start by whipping the cream. Add the cold cream to a bowl and beat on high speed about one minute.

Add the powdered sugar and vanilla and beat until stiff peaks form--about 5-6 minutes with a hand mixer. Don't over whip it or you'll have butter. Set aside.

In a 9x13 baking dish, lay one layer of ice cream sandwiches, cutting them as necessary to fit them in.

Spread about 1/2 of the hot fudge sauce on the sandwiches, going all the way to the edges. Layer half the whipped cream on and sprinkle with half the peanuts.

Repeat layers ending with whipped cream and nuts on top.

Wrap tightly and freeze until set--about 2 hours or it will keep in the freezer for two months.

Allow to stand about 15 minutes before serving.

This recipe will easily feed 15 people depending on how large the slices are.