Phallus ravenelii
Ravenel's Stinkhorn. Egg stage (1-1/4 inch wide) has pinkish coloration.
About 6 inches (15cm) tall. Found mid-October growing
from the ground in woods. Often found growing in
urban settings; parks, gardens and mulch beds.
If the egg stage of this fungus is collected it will often "hatch"
at home (this will qualify you as a true mushroom geek).