Grease and flour an 8- or 9-inch square pan and set aside. (You can also spray it with a non-stick spray that includes flour, like Pam Baking Spray.)
In a medium sauce pan, melt the butter, stirring just until melted. Remove the pan from heat, and add 1 cup of the white chocolate chips. (Do not stir).
In a large bowl, beat the eggs at high speed with an electric mixer 2 minutes or until foamy. Gradually add the sugar, beating until blended. Stir in the white chocolate mixture and almond extract until blended. Add the flour and salt, stirring just until blended. Spread half of the batter in the prepared pan.
Bake at 325℉ for 20 minutes or until light golden brown, then remove from oven.
Melt the cherry preserves in a small saucepan over low heat, stirring often. Spread evenly over the partially baked blondies in the pan. Stir together the coconut, remaining white chocolate chips, and remaining batter. The mixture may be stiff, which is fine. Dollop over melted cherry preserves and gently spread to edges of pan (see Note).
Sprinkle the sliced almonds over the batter, gently pressing them in.
Bake at 325℉ for 25 minutes or until lightly browned. Cool completely in the pan on a wire rack, then cut into bars.