Anyway I took NINE empty soup cans and ONE empty large fruit can and covered them with printed papers. I typed up the names of the pencil color categories for the cans; printed them and attached them to the cans. I bought a cheap lazy susan at WalMart for like $2.44 (in the housewares dept.) and added the soup cans to the outer edges of the lazy susan and put the big fruit can in the center. The fruit can holds the big Skin Tone pencils, Gamasol, blenders, sanding pad and marker for shading. It works great to sit on the table for classes or general use for yourself. It is much cheaper than a lot of the pencil holders out there. I have the biggest pencil set plus a 48 pencil set in mine...not to mention some I have bought singly and added to it. Needles to say your won't run out of room. You could even categorize them so you had an empty can for just your watercolor pencils and so forth.
I hope you enjoy it and can maybe use the idea for yourself.