I've attached a brief video showing you how it's done.
- Boil a pot full of water
- Immerse ripe peaches for 30-60 seconds.
- Remove from water. You can submerge the peaches in cold water, but if you're planning on cooking the peaches anyways, it's not necessary and eliminates a step, making the process faster.
- Pinch the skin to break it and slide it off the peach.
- Cut the peach in half and remove the pit.