Punch all the way around the circle 1/4" from the edge and
1/2" apart. Push the suede cord up through one of the holes,
leaving a 6" tail. Whip stitch around the outside of the coaster
adding a bead at each hole alternating between silver and turquoise.
Note: The first hole and the last two holes will have no beads.
Instead, bring each end up through one of the slots in the concho and
tie in an overhand knot. Trim.