Answer: The "eyes" are the small, red colored buds; the stems and leaves spring from these eyes. The roots should be planted down, the buds aiming up. New peony plants might only have two or three eyes, inexpensive ones perhaps just one, so look very carefully.
It's very important to cover the crowns (the eyes) with just one to two inches of soil. Bury them deeper, and the plants will grow but they may not bloom.
Q&A Library Searching Tips