1: The offering of anal coitus by female companion, derived from the resemblance of the bent-over aerial view of the shapely female buttocks to a peach.
2: The selfless and pleasantly surprising offering of anal sex by a significant other
"I couldn't believe my luck when she turned around and offered me the Golden Peach"

"All of a sudden, she gets off, bends over and offers me the Golden Peach."
by Santonio Holmes October 22, 2005
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