I love these tiny toolboxes (as Father’s Day gifts), made from Altoids tins, that Natalie posted next door on CRAFT. If the mint tin seems a little… er… impractical for holding tools, there’s also a project on the same page for having kids color artwork for lids on mint tins to hold nuts, bolts, screws, etc.
There is one application for a toolset that would fit in such a tin, the emergency field soldering kit project we featured in The Best of Instructables (which can also be found here). I made one of these. Haven’t had a call to use it yet, but it’d sure look cuter to show up on the scene with the kit housed in one of these red boxes.