Abstract: A modular magnetic storage system including a container attachable to a surface, the container including a vessel having a top end, a bottom end, a wall and a magnet housing, the bottom end being positioned opposite to the top end, the wall extending between the bottom end and the top end, the wall and the bottom end defining a cavity, the top end defining an opening in the vessel, and the magnet housing defining a recess; a magnet disposed within the recess; and a resilient cover positioned over the magnet housing, the resilient cover providing a coefficient of friction between the resilient cover and the surface to maintain a position of the vessel on the surface.

Abstract: A vessel in a modular magnetic storage system is set forth. The vessel includes at least one magnet housing assembly configured to securely store a magnet therein. The magnet housing assembly is provided on, within a portion, or within a wall of the vessel. An interior wall of the vessel is configured to form a compartment and to selectively store at least one object therein. The magnet housing assembly is configured to hold the vessel securely in a suspended configuration through a cover provided on the magnet housing assembly. The vessel is mounted in the suspended configuration by selectively connecting the magnet to a surface.