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Very nice solution. I was actually searching to see if anyone made a smaller diameter pegboard rack to buy when I came across this. For really small diameter items (like center punches) I made the bottom hole pretty small so it mostly rests in that one with the top hole keeping it straight and aligned. Oh, and I LOVE pegboard, without it I'd always be hunting for my tools!
Meant to post this reply to JmsDwh.
Hi,Here's a pic. Works great this way. Thanks again for your orginal idea!
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