Damn you're organized. When I get a dull bit it goes in a box. When I'm between projects I'll sharpen them until I get too bored. I finally bought good gages so I could put them in indexes or sorted in some way. With fractional, #'d, lettered, and metric often being only a few 1,000s different...! I've got a Silver & Deming set and assorted bits larger than 1/2". Screw machine bits, the most used. Left hand, 135°, 118°, Aircraft bits, I.E. long, but so far no MT bits. Do I really need all these? A few are regularly used for tapping or to match a reamer or to speed boring. But the rest, rarely or never. It's the same way with taps and dies. But I sort of justify it because it isn't fun to be in the middle of repairing something and not have the correct size. Just another branch in the rabbit hole.The cabinet is a very nice setup what with the individual bins.
This is an excellent idea. I often batch sharpen bits. I throw them in a bin until I have enough to make it worth my time but I never had a way of making the ones with a fresh edge.Over the years when I had bought sets of drills, the balance of the set (once a few were broken or lost or borrowed by others) - ended up in a cigar box. And a new set was then utilized. Also was given some other folks drill collections in a box.
To help with using what I have, I got a drill cabinet and sorted all those drill bits into the proper location in the cabinet. The cabinet is a very nice setup what with the individual bins.
If I sharpen a bit with the sharpener, I use a marker on the ground tip to check on the progress and when it is done, I then mark the sharpened end.