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Lachnellula agassizii fruiting on Pine Cone
There is a host of tiny fungi with disk-shaped fruitbodies (= apothecia) that are difficult to identify. Although small they are quite attractive but you often need a hand lens to see the detail. Lachnellula agasizzii is recognized by the yellow or orange-yellow disk and the dense coating of fuzzy white hairs on the outside. It fruits on conifer wood or cones. This species is sometimes placed in the genus Dasyscyphus.