Serve this warm over pancakes.
3 cups frozen sliced peaches, thawed
1/4 cup orange juice
3/4 cup granulated sugar
2 tablespoons honey
1/2 teaspoon grated orange rind
1/8 teaspoon ground allspice
Combine peaches and orange juice in a saucepan. Bring to a boil over medium heat; cover, reduce heat, and simmer, stirring occasionally, 5 to 10 minutes or until peach slices are tender.
Spoon mixture into container of an electric blender; process until smooth, stopping once to scrape down sides. Return mixture to saucepan; add sugar and remaining ingredients, and bring to a boil.
Reduce heat and simmer, uncovered, stirring occasionally, 5 to 10 minutes or until thickened.
Store sauce in refrigerator.
Yields 1 1/2 cups.