Homemade Marzipan

1 1/2 cups blanched almonds
1 cup sifted powdered sugar
2 tablespoons water
1/2 teaspoon almond extract
2 cups sifted powdered sugar
1 tablespoon slightly beaten egg white
food coloring
powdered sugar

PROCESS ALMONDS IN A FOOD PROCESSOR OR BLENDER, UNTIL FINELY GROUND
COMBINE ALMONDS, 1-1/3 CUPS POWDERED SUGAR, WATER, AND ALMOND EXTRACT IN A MIXER BOWL
BEAT ON LOW SPEED, UNTIL MIXTURE FORMS A BALL
BEAT IN 2-1/4 CUPS POWDERED SUGAR
ADD EGG WHITES, STIR TO A CONSISTENCY OF CLAY
DIVIDE AND MIX IN FOOD COLORING AS DESIRED
DUST MINT MOLDS WITH POWDERED SUGAR
PACK TIGHTLY INTO MOLDS
COVER AND STORE AT ROOM TEMPERATURE
SERVE AT ROOM TEMPERATURE