An improved disposable pin site wound protection system for covering the entry or exit site of a surgical pin, wherein the system substantially reduces the time required to change a dressing at a pin site wound. The invention comprises a sponge (11) and clip (21), both of which are designed to be attached to a pin (15) adjacent a wound. The clip (21), when compressed, crosses the legs (23, 25) of the clip and when released will attach to the full-range of external fixation pins and wires. This reverse action of the clip, opening when compressed and closing when released, is a self-closing and self-holding clip that can be applied and removed with one hand. The sponge (11) is preferably cylindrical or hemispherical in shape, and may include a spiral cut (12) to resist accidental displacement from the pin.