The following content is syndicated from Woodworker̵7;s Journal.
Good chisels deserve good storage. If you regularly set a chisel down unprotected on the bench top, it could easily be nicked several times a day. Each time it gets nicked, it must be resharpened, which takes valuable time. Not only does resharpening take time, but good chisels are expensive, and every nick in the edge could cost you 50 cents. Aside from the hazard to the chisel, an exposed chisel edge also presents a serious hazard to hands and fingers. Obviously, making a chisel rack is time well-spent. Not only does it keep the chisel and your fingers safe, it dramatically reduces the time you spend hunting around for the chisel you need.
Many chisel racks use a rigid design that holds the chisels upright all the time. That design protects the blade well and makes it easy to grab a chisel when you need it, but it uses a lot of space. Another common storage method is to keep the chisels flat in a box. This is more compact and provides protection to the chisel handle, but when the box is open it leaves the blades less protected than the upright design. I wanted something that combined the best features of both designs, so I built a folding rack that stands up when
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