Magnetic utensil holding device

A holder for a utensil, the holder comprising:

• a base portion having a first side disposed opposite a second side, the second side being disposed along a surface;
• a sidewall portion coupled to a periphery of and extending outward from the first side of the base portion, the sidewall portion and the first side of the base portion defining a utensil receiving portion;
• at least one securement mechanism engaged to the sidewall portion;
• a first magnetic component,
• the first magnetic component is planar and is encapsulated in the base portion or is removable from the base portion;
• a second magnetic component, wherein the first magnetic component and the second magnetic component are of opposing polarities;
• a material having a first side disposed opposite a second side, the first side of the material being affixed to a location on the sidewall portion and the second side of the material being affixed to the second magnetic component;
• and
• an opening spanning a width of the base portion, wherein:
• the first magnetic component comprises one or more projecting members,
• the opening comprises one or more recessed members, and
• the first magnetic component is received by the opening and is secured to the base portion of the holder when the one or more projecting members are received by the one or more recessed members.