Abstract: A pick holder that temporarily stores, protects and dispenses a pick that is used for plucking strings of a stringed musical instrument such as a guitar. The pick holder includes a first piece and a second piece that are coupled to cooperatively form a pocket for storing and dispensing one or more picks. The second piece is formed so that when the second piece is coupled to the first piece, the perimeter of the second piece provides access to the stored picks. The first piece forms a means of attaching the pick holder to a shoulder strap peg that is fixably coupled to the base of a musical instrument such as a guitar. The attachment means, formed by the first piece, enables the pick holder to be removably coupled to the shoulder strap peg.