Frugal Woodworking

Here are three approaches to chisel protectors that work:

1. Free – Bottle caps sliced on edge. See it on LumberJocks
   PROS: variety of widths, visible tips
   CONS: not very pretty, cumbersome
2. Custom width edge protectors made with blue painters tape and plasti-dip.  See it on Popular Woodworking  A variation on this is to use mold-able silicon like Sugru.
   PROS: variety of widths, color codeable, secure fitting
   CONS: 1 can of Plasti Dip is more than you need for just chisel guards
3. Purchase the set of plastic ones
   PROS:  No shop time required, they look good
   CONS: You are stuck with the size and shapes in the set.
4. Use an assortment of vinyl tubing cut to length
   PROS: secure, protective
   CONS: not pretty, can allow sharp tip to protrude from end of tube or item to enter the tube

Here is the video of making the Plasti Dip Chisel Guards