Very simple plan to build a wine rack out of 1x2s. This wine rack can be fit inside cabinets, and can be flipped.
1x2s are inexpensive and easy to work with. This build should cost less than $5 to build. Free step by step plans from Ana-White.com
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2 - 1x2 @ 8 feet long (can be furring strips)
1-1/4" long brad nails
16 - 1x2 @ 10" long