My Viking extension table from the 80's has pin holes drilled into it for this very purpose. I've used it a fair amount. A couple of things remember, the pin must be placed in line with the needle. Keeping it in line vital to getting concentric circles. The other thing is that you need to stabilize your fabric. I used this technique to make dozens of those circle travel jewelry bags. No marking! Just cut a square & stick your pin in.
Lots of free patterns for this. Here's one:
https://sew4home.com/projects/storag...-jewelry-pouch
it is a really fun technique!
Some of the sew steady extension tables are also pre drilled:
http://www.sewvacdirect.com/sew-stea...4aAni2EALw_wcB