Step 1: The Problem
Step 2: Tools and Materials
Needle Nose Pliers and Wire Cutters. (2nd photo)
Step 3: Cut and Bend the Wire
Bend the wire in half forming a small "loop" a the the bend. The "loop" should be open enough to allow the pegboard hook to slip inside. (2nd and 3rd photo)
Starting from the "loop", form the wire into a "fish hook" shape that is "about" equal in width as two adjacent holes in the pegboard. (4th and 5th photos)
Bend the "tail" of the hook in an arc away from the "loop". this will help make the next step a bit easier. (6th photo)
Step 4: Threading the Wire
Start at the hole that is directly below the hole were the top of the hook will go into. Thread the looped and hook shaped part of the wire into this hole with the loop being directed upward toward the hole above. (1st and 2nd photos).
Feeding the wire into the hole, you will be doing a kind of upwards vertical rolling of the hooked part of the wire behind the board until it feeds out the through the upper hole. (3rd photo)
Step 5: Securing the Top of the Pegboard Hook
With the hook in hand and tail of the wire in the other, place the top of the hook through the loop in the wire. (1st photo)
The next part can be a little tricky, but we are going to pull the wire back through the the the top hole as well as keeping the top of the hook through the loop in the wire. (2nd photo)
With the wire and the hook seated back through the hole it should look something like the last photo in this step. If you look closely you can still see the loop of the wire around the top of the hook inside the hole. (3rd photo)
Step 6: Securing the Bottom of the Pegboard Hook
Twist the two pieces of wire together by hand. The harder you can pull the wire while twisting, the tighter the hook will be secured to the pegboard. (2nd photo)
After you have twisted the wire by hand, if the hook is not secured tight enough, you can twist a little more using the pliers. Take caution though, if you twist too much, you'll just break the wire and have to start all over again. (3rd photo)
Snip off the excess wire with the wire cutters. Be sure to leave about 1/4" or so of the twist so you wire won't come loose. (4th and 5th photos)
Lastly bend the snipped off twist of wire to the back of the hook, towards the pegboard. (6th photo)
Step 7: Hang Your Tools!
I also really like how clean this looks... no screws or other convoluted contraptions putting extra holes in the wall and/or having to spend way too much money for something (those dumb plastic retainers) that don't work anyway.
To remove a hook, just take your pliers and twist the wire around a bit from the lower part and break it off. Pull the hook and wire out.
Some final notes about this technique...
In this instructable, I talked about spanning two adjacent vertical holes, but I have also had very good success spanning three holes as well as securing diagonally across two adjacent holes. The technique is the same, you are just adjusting the size of the "hook" in the wire.
Thank you for looking at my first Instructable!
I look forward to seeing your comments.