That's one piece for the earrings. The other piece is the washers. I use my disc cutter for that. First, I mark up a strip of metal so I know where to punch out the center of the disc. I line up the + in the hole that will make the center and put a 26 ga disc on the other side of the tool to balance it. I prep the punch with some Cut Lube, insert the punch, and then hammer it home with my stamping hammer.