Crossword Genius

Fruit at a penny each apiece (5)

Ross

I believe the answer is:

peach

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'fruit' is the definition.
(type of fruit)

'at a penny each apiece' is the wordplay.
'at' says to put letters next to each other.
'a penny each' becomes 'p' (I am not sure about this - if you are sure you should believe this answer much more).
'apiece' becomes 'each' (synonyms).
'p' put next to 'each' is 'PEACH'.

Can you help me to learn more?

(Other definitions for peach that I've seen before include "Luscious fruit" , "Popular stone-fruit" , "Type of stone fruit" , "Velvety-skinned fruit" , "Pinkish-orange colour" .)

I've seen this clue in The Globe and Mail.
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