This magnetic bit holder will hold up to 4 drill bits and can mount to the body of your drill press or to any magnetic surface near where you drill.
You need one 60 x 10 x 3mm bar magnet to glue inside the back of the holder.
This was initially designed to hold a set of #1 - #4 center drills but will fit any number of regular drill bits as well. The magnet is strong enough that the bit doesn't have to be exactly the correct diameter to be held. Will fit drills from around 3mm (1/8in) to 8mm (5/16in) in diameter.
The author marked this model as their own original creation.