Wash and dry the papaya. Cut the papaya in half, then into 1/2" thick cubes, and place in a bowl.
Use a masher to mash the papaya and place it in a medium-sized cooking pot on medium-low heat.
Add the coconut oil and cook for 30 minutes.
When the oil rises to the top, remove the saucepan from the heat, and transfer the oil to a measuring cup through a mesh strainer.
Place a funnel into a beauty oil dispenser and pour the papaya oil. Repeat until you run out of oil.
Notes
If the papaya oil solidifies, heat it under warm running water for about one minute until it melts, and apply to your skin.Optional: Store your papaya skin oil in a make-up jar and apply it to your skin as a solid by using your fingertips to massage the oil into your skin.