Waxy Cap model #2. Small cap, about 3/4". Noah Siegel makes this to be Hygrocybe marginata var. marginata
On 6/25/10 I identified this mushroom as:
Scarlet Waxy Cap
Larger cap, about 1.5".
Underside of small one.
Underside of larger one.
Spore print white. Spores 6.7 x 3.8