Abstract: A magnetic tool organizer has a top body member having a plurality of spaced apart body member apertures of a size and shape for accommodating at least one surface of a tool. The apertures are organized in a planar array according to an outline of at least one surface of a tool. The magnetic organizer has a bottom body member, and a magnetic segment having a plurality of spaced apart apertures complimentary to at least part of the top body member apertures. The magnetic segment is interposed between the top body member and the bottom body member. A method of manufacturing a tool display includes the steps of self-assembling a magnetically attracting tool retaining apparatus to a plurality of magnetically attractable tools by automatically positioning tools in apertures disposed on the tool retaining apparatus with a strong magnetic force emanating from the tool retaining apparatus as a result of the arrangement of the components of the tool retaining apparatus.