Combine peaches & orange concentrate in a very large pan.
Stir in sugar and bring to a full rolling boil; boil hard 1 minute, stirring constantly.
Remove from heat and stir in Pectin, coconut, almond and cherries at once.
Skim off foam with metal spoon. Keep skimming and stirring for 7-10 minutes.
Add 1 teaspoon of butter during this time. Put in jars and seal or freeze.
*To loosen skin, dip peaches in boiling water
for 30 seconds, then submerge in cold water. The peaches will now peel easily.