I started by gathering my supplies:
Hot Glue Gon
Paper with Monogram on it...I printed mine off from Word and wrote over the letter with a sharpie to make the monogram darker.
Cut your scrapbook paper to the deminsion of your coaster. I cut mine a little shorter so I would have a boarder around my coaster.
This makes a great gift or an addition to your own home. Very quick and easy. Not to mention CHEAP!! I found the tiles for 12 cents!!