Sprinkle the gelatin over the cold water and set aside to soften.
Whip the cream to soft peaks. Reserve in the refrigerator.
Whip the egg yolks and sugar until just combined. Whip in the wine and maraschino liqueur. Place over simmering water and heat to about 140°F (60°C), whipping the mixture to a thick foam in the process. Remove from the heat and