Microstoma floccosa

Scientific name:  Microstoma floccosa (Schweinitz) Raitvir
Derivation of name:  Flocc- means "wooly."
Synonyms:   Sarcoscypha floccosa; Anthopeziza floccosa
Common name(s): Shaggy scarlet cup 
Phylum:   Ascomycota
Order:   Pezizales
Family:   Sarcoscyphaceae
Occurrence on wood substrate:  Saprobic; clustered on
decaying hardwood branches and buried wood; June through
August.  
Dimensions:  Stalked cups up to 4.5 cm tall; cup up to 1 cm
wide. 
Sterile outer surface:  Pink to red; covered by conspicuous
white hairs.        
Fertile inner surface:  Bright red; smooth.
Edibility: Unknown  
Comments: The rim of the cup bears a distinct fringe of white
hairs.

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Figure 1. Very young specimens of Microstoma floccosa on a
fallen branch.

Figure 2. Note how long the stalks are. Photo © David Work.

Figure 3. A cluster arising from wood substrate.
Photo © William Roody

Figure 4. Can you think of a prettier fungus?
Photo © Pam Kaminski.