1. In a saucepan simmer,over medium heat, the sugar, balsamic vinegar and peppercorn. When the mixture is reduced in half and becomes thicker remove from heat.
2. Preheat grill to medium-high heat and lightly oil cooking grates.
3. Place nectarines on the grill with the peel side up. Grill for five minutes or until the nectarine is caramelized. Turn the nectarines and coat the top with the balsamic vinegar mixture. Grill for another 2-3 minutes.
4. Serve with remaining balsamic vinegar mixture poured over the nectarines.

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