Heat the oven to 350°F. Line a large rimmed baking sheet with parchment paper and spread the shredded coconut on top. Bake until lightly toasted, about 5 minutes. Place the toasted coconut in a small bowl and set it aside to cool. Keep the parchment paper on the baking sheet and decrease the oven temperature to 300°F.
In a large bowl, combine the old fashioned rolled oats and sliced almonds.
In a small saucepan, melt the butter over low heat.
As soon as the butter is melted, turn off the heat and add the honey, cinnamon, nutmeg, and salt. Stir until the honey is well incorporated into the melted butter.
Pour the butter and honey mixture over the oats and almonds, and then stir until everything is thoroughly coated with the warm sweet sludge.
Spread the granola mixture out evenly across the parchment paper on the rimmed baking sheet. Bake for 30 to 40 minutes or until it looks slightly golden.
Let the granola cool completely on the baking sheet. (It will harden up a bit as it cools.) Once it is cool, break the granola up into chunks and place them in a large bowl.
Add the toasted coconut and dried blueberries, and then gently toss everything together. Transfer the granola to an airtight container for storage.