Carefully cut the oranges into about 1/8 to 1/4 inch thick slices.
Add the sugar and pour the water into a large sauce pan.
Bring the sugar and water to a boil, stirring occassionally, over medium-high heat. Make sure the sugar fully dissovles.
Reduce heat to medium.
Use tongs to carefully add the oranges to the sauce pan. They can be overlapping a bit but make sure to not overcrowd the pan.
Allow the orange slices to simmer in the simple syrup for about 45 minutes or until the white parts become mostly translucent.
Carefully remove the orange slices from the pan and set them on the wire cooling rack on top of a cookie sheet or on a parchment paper lined cookie sheet.
Bake the candied orange slices in oven for about 2 to 4 hours or until they become slightly tacky and set.
Remove from oven and allow them to cool.
As they cool, place the chocolate chips and coconut oil in a microwaveable bowl.
Cook for 30 seconds, remove from the microwave, stir, and repeat until the chocolate is fully melted and smooth.
Dip half of each candied orange slice into the chocolate and set on parchment paper or rack to dry.
Before it dries, add some sprinkles or colored sugar for added color and flavor.
Repeat until all the oranges have been dipped.
Notes
*These values are based on the total sugar used, not what you will be eating. Actual calories are likely much lower because you do not directly eat all the sugar added.