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1
Into a large kettle of boiling salted water plunge the lobsters, head first, and boil them, covered for 8 minutes from the time the water returns to a boil.
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2
Transfer the lobsters with tongs to a cutting board and let them cool until they can be handled.
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3
Break off the claws at the body and crack them. Remove the claw meat and cut it into 1/2 inch pieces. Halve the lobsters lengthwise along the undersides, remove the meat from the tails, discarding the bodies, and cut into 1/2 inches.
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4
In a heavy saucepan cook the lobster in the butter over moderate heat, stirring occasionally, for 2 minutes, add 2 tablespoons of the sherry and 3 tablespoons of the brandy, and cook the mixture, stirring, for 2 minutes. Transfer the lobster meat with a slotted spoon to a bowl. Add the cream to the sherry mixture and boil the mixture until it is reduced to about 1 cup.
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5
Reduce the heat to low and stir in the remaining 1 teaspoon sherry, the remaining 1 teaspoon brandy, the nutmeg, the cayenne, and salt to taste.
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6
Whisk in the yolks, cook the mixture,whisking constantly, until it registers 170degF on a deep fat thermometer, and cook it, whisking, for 3 minutes more.
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7
Stir in the lobster meat and serve the lobster newburg over the toast points.
