Coasters with multiple colors

We have a need to run a fairly large job of coasters where multiple colors are used in the design. Fairly simple registration under normal circumstances. Has anyone figured out a way to do this with precut coasters on a Windmill? I remember a post by Allen Rundfelt I believe, where he said someone was using a pin registration system.

Seems like a stretch, but I thought I would ask.

As a follow-up to the probable “no”, any suggests for parent sheets of coaster capable stock?

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Check out Holyoke Paper, nice coaster stock!!

Neenah Paper
http://www.neenahpaper.com/FinePaper/MoreBrands/NEENAHBlotterPapers

American Coaster Company sells blank coasters by the case in three different thicknesses:
http://www.americancoaster.com.