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In a saucepan over medium heat, melt butter and chocolate chips while stirring constantly. Remove from heat and let pan cool for about five minutes.
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On two sheets of waxed paper, sprinkle coconut in the center.
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With marshmallows in a large bowl, cover in chocolate. Stir until completely coated. Pour half of the marshmallow chocolate mixture onto the prepared coconut on the waxed paper. Sprinkle with coconut.
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Fold the waxed paper tightly around the marshmallow log. I match the long sides of the wax paper in the center of the log and roll it tightly. Secure with tape (for some reason I always use masking tape!) Repeat to make a second log.
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Refrigerate and chill overnight.
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Unwrap, and slice to desired thickness. Usually around 1/2". Sometimes I leave my church windows long and other times I cut them in half to create a smaller, bite sized piece.
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Store these treats covered in the refrigerator until ready to serve.