AbstractSolution to the following problem is considered: for given conics C and K and an integer N⩾3, determine whether there exists a closed N-sided polygon inscribed in C and circumscribed about K. The case of C and K being circles is considered in detail. Equations are proposed with a relatively small number of arithmetic operations – near log2N. Along the way, the following result is obtained: for circles with rational coefficients, the polygons can only have the following number of sides N=3, 4, 5, 6, 8, 10 and 12 (a subset of the Mazur’s set of integers for rational elliptic curves). The proposed solution may also be applied to determine whether a Hankel determinant of order N/2 having special form (used in the classical Cayley criter...