I've use three cigar boxes of various sizes and keep those, my sharpening kit, and an old bath towel under an end table by the couch in family room. Decided I never again wanted to "lose" knives in my own home.
They are there not to be hidden but to be convenient. The coffee table becomes my work area when cleaning, sharpening, or oiling. One cigar box has sheath knives. One has scout patterns and SAKs. The last has everything else. If I get to a point, I cant fit my knives in those, something must go before I get something else (I do have space for a ~4 inch bladed puukko and will ensure that space remains reserved for one
IF I can ever make up my mind

). Since summer I've given away two sheath knives, two SAKS, and four other folders. Tomorrow I'll mail the Peanut I gave away here on Friday and give another knife to a gent I was deployed with in Afghanistan. I have room for a few more folders.