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Cook's Note: You can increase the amount of sugar to 1 1/4 cups, depending upon the sweetness of the peaches.
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Peak summer peaches will only need 1 cup.
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For the crust: In a food processor, combine the flour, sugar, salt and cold butter.
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Pulse the processor until the mixture resembles fine sand.
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Remove the lid and add the ice water to the mixture.
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Run the processor just until the mixture rolls itself into a little ball.
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If the mixture is a bit dry, add more ice water by the tablespoonful until it comes together.
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Gather the dough into a ball.
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With a bench scraper or knife, divide the mixture evenly in half.
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Shape each half into a disk.
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Wrap each disk in plastic wrap and chill at least 30 minutes.
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At this point you can keep the wrapped dough in the refrigerator for a few days or freeze for later use.
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Preheat the oven to 450 degrees F.
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Flour your rolling pin and roll out 1 pie crust to about a 12-inch round and drape over a 9 1/2-inch fluted pie plate.
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Roll out the other pie crust to about a 10-inch round, and cut this into 1-inch strips with a fluted pizza cutter.
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For the filling: Peel and cut the peaches into 1/4-inch thick slices (you should have about 7 cups) and toss with the lemon juice and almond extract in a large bowl.
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Whisk the flour, sugar, cinnamon, nutmeg and salt in another bowl, making sure there are no lumps.
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Stir the flour mixture into the peaches and mix well.
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Pour the peaches into the pie crust.
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Scatter with the pieces of butter.
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Top with the lattice strips.
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Brush away any flour underneath the lattice to make sure it seals well.
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Crimp the edges to seal.
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Beat the egg with 1 teaspoon water and brush the lattice and edges with the egg wash.
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Pop in the oven and bake for 10 minutes, and then lower the heat to 350 degrees F and bake until the crust gets brown, about 50 minutes more.
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If the edges brown too fast, cover them with strips of aluminum foil about halfway through baking.
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Cool about 30 minutes before serving.