In a medium saucepan, melt the sugar over medium heat until it turns into a golden brown caramel. Be careful not to burn it!
Carefully add the butter and stir until completely melted into the caramel.
Slowly pour in the milk and heavy cream while stirring constantly to dissolve the caramel.
Add a pinch of salt and the honey, then continue to cook over low heat until the mixture is well combined.
In a separate bowl, whisk the egg yolks until they are lighter in color and have a creamy consistency.
Pour a ladleful of the warm caramel mixture into the egg yolk mixture while stirring constantly to temper the eggs.
Pour the tempered egg mixture back into the saucepan and cook over low heat, stirring constantly, until the cream thickens (about 5-7 minutes). Do not let it boil!
Remove from the heat, stir in the vanilla extract, and let it cool completely to room temperature. Then refrigerate for at least 4 hours.
If you have an ice cream maker, pour the mixture into it and prepare the ice cream according to the manufacturer's instructions. If not, place the mixture in a deep bowl in the freezer and stir it every half hour with a fork.
Before serving, let the ice cream sit at room temperature for a few minutes to make it easier to scoop. You can garnish with extra honey or caramel sauce.
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