I began to rearrange my tools on the pegboard above my workbench so that it holds the tools I use most frequently rather than whatever I had room to place there. In the photo is my hammer. Notice how straight the handle hangs. It was not always that way. I had to do some customizing. I may do more of that in the future because every time I go shopping for a pegboard hanger, the available stock has changed.
Step 1: What was available
One of the photos below shows how crooked my hammer hung before. The other shows the commercially available hooks I had been using.
Step 2: Raw material
In addition to pegboard hangers, I used some heavy wire about 1/8" in diameter. Friends built a garage and these are some of the wire stubs left over from reinforcement wire sticking out of the concrete foundation. Some were straight, but many have a gentle spiral twist that I remove by pounding with a hammer on a flat metal surface. In some later steps I will show some 3/16" and 1/4" steel rod I also used.
Step 3: Customizing the hammer hanger
Instead of two hangers next to one another, I bent one of the wire stubs from the previous step and welded it to the tip of one of the commercial hangers. If you look closely, you can see that the right side of the "U" shaped piece is lower (nearer to the camera) than the left side. This is what allows the hammer to hang with the handle straight and vertical as in the Introduction photo.
In the second photo below you can see how the "U" shaped piece aligns with the contours of the hammer. I used this process to determine how much angle to use on the piece I bent in the setup for welding it to the commercial hanger.
In the third photo below I placed my customized hanger into the vise to adjust the angle on the customized hanger so the hammer's handle hangs straight up and down.