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Adrian Preda had a nice video making a holder for his japanese chisels (butt-down, blade up):

You can see wood whisperer's technique for holders in a drawer:

My chisels are butt-down in a cabinet, but at a very shallow incline-maybe 30deg-so I don't use magnets. I do have thin strips between each chisel so they don't knock each other. On the right you can see the gouges jumbled up. this is what happens when you add tools after you make your storage.

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I built this rack several years ago to hold chisels and other small tools I use frequently. Currently it holds my everyday chisels, my marking gauge, burnisher, a bunch of screwdrivers, several awls and a hemostat that comes in handy for lots of things. It is permanently attached to my RAS bench within easy reach behind my hand tool bench. I have other chisels, screwdrivers and such, but these are the ones I use most often. I like it because it keeps this stuff in one handy, easy-to-reach place.

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MPyton, that is a great looking rack. I've planned on making a new rack with Plexi somewhat like yours for some time. I've had issues with the wood one I made a few years back. Seems to cause a bit of rusting on my chisels. I'm definitely going to revisit yours in a couple of weeks.
 
MPyton, that is a great looking rack. I ve planned on making a new rack with Plexi somewhat like yours for some time. I ve had issues with the wood one I made a few years back. Seems to cause a bit of rusting on my chisels. I m definitely going to revisit yours in a couple of weeks.

- BurlyBob
Thanks, Bob. I've not have any rust issues with mine, even though it's in my basement shop where I occasionally have rust issues. I put the plexiglass on for safety reasons. I had an earlier, simpler version of this rack without any guard on the front. Several times I cut myself on the chisels when I swiped my hand across the bench top to remove chips and trash. The plexiglass solved that problem.
 
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