I am looking for a program that can take an image of a coin on a mostly single-color background, elliptically crop it, and save it as a PNG, so I can quickly open/copy the coin and paste it into my template. If it could automatically add them to the template that would be even better. I would prefer something with the capability of adding a bit of feather as well.
I am fine with purchasing a program if it does these things as well, it does not have to be free. Throw something at me!