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Found on AndViceVersa, the Fusillo storage shelf is so practical and functional, every home should have at least one of these mounted on the wall.
Laid out perfectly flat, the Fusillo becomes an ordinary, straight wooden shelf upon which you can place decorative items, books and other accoutrements. Twist one peg downwards and you have a hook that can hold onto bags and clothes. Keep twisting and you get a whole coat rack that is convenient for holding onto jackets, groceries, keys and more. This shelf is so stable that it can even be used to hold onto bicycles with low handlebars.
When not in use, the Fusillo storage shelf can be turned into wall decoration by turning all the pegs into a spiral sculpture.