Not only do these peaches look stunning in their jar, but they are also delicious served plain or topped with a raspberry sauce.
In large nonreactive pan, combine sugar and vinegar over low heat and stir until sugar dissolves.
Tie lemon peel, cloves and allspice into a square of cheesecloth. Add peaches and simmer just until tender, 15 to 20 minutes.
Remove peaches carefully with a slotted spoon and arrange in warmed sterilized jars. Boil sugar until thickened , about 10 minutes, and then pour over peaches.
Add lemon rind, cloves and cinnamon stick to jar for decoration. When cool, seal jars. Store up to 2 months.