A beautiful waning crescent moon we saw in Monterrey. A propos (by the way) talking about next solar eclipse on April 8, during a total solar eclipse Baily's beads can be seen but we can see them during a normal waning crescent moon phase. In this photo they started to show at the very corner of the "moon horns". In a normal lunar phase the optics are just opposite compared to the ones observed during a solar eclipse. During a normal lunar phase the "beads" are high mountains or craters lit by the sun and the dark spots between the beads are valleys. During a solar eclipse the "beads" are created by sunlight going through valleys and the dark spots between "beads" are the high mountains stopping the sunlight.

Nikon Coolpix P900 camera.

Cropped and added labels.