The identification of mycocalicioid species continues to be based on morphological and chemical characters, even though molecular data and substratum preferences can provide many important insights into specific problems associated with species delimitation and other taxonomic challenges. Our results reinforce the usefulness of many morphological and chemical characteristics and reveal several new features that can be used for both species delimitation and identification. Given the fact that mycocalicioid species can rarely be distinguished by just a single character, combinations of different chemical and morphological characteristics must be used. Additional characteristics must also be sought, including those that have previously been overlooked or still need to be discovered. As a result of this search, we introduce a new term, pseudohemiamyloid, for a reversible, KOH resistant/enhanced reaction in Lugol’s solution.