Butter an 8-inch square pan. Melt chocolate in a double boiler over boiling water. Add condensed milk and cook, stirring constantly, until the mixture thickens; about 5 minutes. Add vanilla, graham cracker crumbs, and 1/2 cup pecans. Mix well. Spread mixture in prepared pan using a knife that has been dipped in hot water (to prevent fudge from sticking to the knife). Press remaining pecans on top. Cover and chill several hours. Cut into squares.
This recipe has been in my family for 50 years. It is the best fudge recipe in existence. Period.
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