Cut peaches in half, remove pits and slice thin. Place peaches, pits and citrus zests in a clean 2 quart jar. Pour syrup over peaches and add vodka, brandy and food coloring. Cover tightly and let stand in a cool dark place for 2 weeks.
Transfer liqueur to clean container, cover and let stand for 2 to 3 weeks more.
Rack or filter into final container such as a wine bottle, fruit jar or decanter.
Makes approximately 1 quart
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