A guitar pick holder includes a receptacle having an open top and a closed bottom. A piston is provided within the receptacle and a retainer is fitted over the receptacle wherein the piston is disposed between the closed bottom of the receptacle and the retainer. The retainer has a partially open top at a side thereof. A spring is disposed between the closed bottom of the receptacle and the piston such that the piston is biased into contact with the retainer.