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Line an 8-inch square pan with foil and coat with vegetable oil.
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In a 3 quart, heavy bottomed saucepan, combine the cream, sugar, vanilla and honey.
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Place over medium heat and stir until the sugar is dissolved.
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Wash down the sides of the pan with a pastry brush dipped in water to get rid of any lurking sugar particles.
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Increase heat and bring the mixture to a boil.
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Boil it until a candy thermometer registers 250, stirring frequently.
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Remove from heat.
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Fish out the vanilla bean with a fork, and stir in the butter.
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Pour the mixture into the prepared pan.
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DO NOT scrape the bottom of the pot.
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This will ruin the texture of your caramel, as the stuff sticking to the bottom tends to overcook a bit.
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Let caramel cool completely at room temperature before disturbing.
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leave it at least 3 hours or overnight.
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Coat a cutting board and chef's knife with oil.
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Lift out the caramel (on the foil), and invert it onto the board.
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Cut into squares.
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They will keep approximately 2 weeks before they start to go grainy.