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Combine 2 cups water, sugar, allspice, cayenne and paprika in a heavy small saucepan.
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Bring the mixture to a boil and boil until it reaches 220ºF on a candy thermometer, about 3 minute.
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Add the pecan halves and cook until syrup clings to the pecans, about 5 minute.
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Place the pecans on a cookie sheet lined with parchment paper to drain. Drain well.
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Pour enough oil into a large heavy saucepan to reach a depth of 1 inch.
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Heat oil to 350ºF.
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Add pecans, a few at a time, and fry until brown and crisp, about 2 minute THIS is the tricky part.
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Working quickly so that the pecans don't burn, use a slotted spoon to transfer pecans to paper towels to drain.
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Cool completely.
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NOTE: Can be made 1 week ahead and stored in an airtight container at room temperature.