One design issue that I puzzled over was how to store the chisels in a vertical position. Initially, I envisaged a rack arrangement for suspending them with their handles upward. This approach did not appeal to me because I was concerned about the possibility of dropping a chisel during retrieval or replacement, which would send it plunging downward onto its sharp end.
One day while examining the chisel display in my local Lee Valley showroom, I came upon the solution: instead of suspending the chisels with their handles up, why not just park their butts in a row of blind holes in the cabinet base? One-third of the way up the cabinet, add a crossbar with semi-circular notches to align the chisels vertically so they stay clear of each other. Two-thirds of the way up, add another crossbar fitted with a row of rare-earth magnets to secure each chisel in its proper position.
Each chisel is held securely in place by three elements: a blind hole in the base, a semi-circular notch that engages the ferrule and a rare-earth magnet that holds the blade in its correct position. The spacing between blades makes it easy to grasp any chisel without risking a cut finger.