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Podoscypha petalodes ssp. floriformis
Has a few synonyms including Stereum elegans. A rolled, funnel like looking body. Various browns to pink brown internal surface with a frilled margin. Outer surface is a pinkish off white. No gills present. The stem is short and thin and there is no ring.
Found on a decaying log in mixed woodland on the ground in town park in the North Island of New Zealand.
On closer inspection the funnel or cup is actually formed by a fan rolled in on itself rather than a solid cup. This species is found in Central America, the parts of Indonesia, Australia and New Zealand. There are several sub species.
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