Sinjon - you know the paperpunches that you can punch holes in paper with - for loose leaf folders - well, if the clear plastic you are trying to punch isn't too thick, you could use this method.
Or, some brass tubing 1/4 inch bore, with theouter edge sharpened like a chisel, soft wooden block, place your plastic on the wooden block, place the sharpened brass tube on the top of the plastic and with a sharp belt you should have cut a clear disc out.

aye
John e
bluebird