I inserted the image of a Turkey and removed the background.

Then used the outline button and set the outline to zero.

Add a circle around the image/cut line and set it to cut. 

Remove the image so you have the cutlines of the Turkey and the circle left.

Use the outline from the Turkey that is in the circle and copy and paste.

Place it around the Turkey image, until the image fits in perfectly in the outline.

Group the image and outline, so it can't move.

Now the image and the circle is ready to engrave and cut.

Set the settings for engraving and the outlines.

I used the outline of the circle to cut the felt bottom.

Inserted the basswood Turkey into the walnut and turned it around.

Then i put glue on the wood and placed the felt on the wood.

After it was glued, i used clear polyurethane spray, to give it a coating and protection.

Hope you like these coasters and start making some for yourself.