You can also get a product called Fray Check from most fabric stores to treat the threads where they loop through the coins. Fray Check is a liquid that is designed to keep fabric from fraying apart where you have cut it, kind of like a clear farbic glue. It's time consuming but worth it to treat each and every point of thread where there is a coin.
No matter what you do, you are eventually going to have the coins wear through the threads. When they do, knot off the thread where it has been worn through and then use upolstery or beading thread to re-string the coin/beads that have come off. I do this a lot with my hip scarves as they see a lot of day to day use for classes. When I loose coins/beads I knot the ends of the thread off, try to recover the coins/beads from the floor and dump them in a ziplock baggie I keep in my dance bag. Then once a month or so I'll go through my scarves and re-attach any coins/beads that I have recovered to scarves that have lost pieces.
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