A packaging system for fishing hooks and other items having an eye, such as a needle. A backing member has a flexible and transparent cover hingedly attached to the backing member along an edge of each item. A flexible and resilient line passes through one or two openings on the backing member such that a bulbous loop is formed on one side of the backing member. The held items are fed onto the line via the each item's eye and the items held between the bulbous loop and the backing member such that the bulbous loop prevents the items' discharge from the line. When the bulbous loop is squeezed, it becomes flattened allowing the items to slide off of the line in orderly fashion. When the bulbous loop is no longer squeezed, it resiliently returns back to its bulbous state.
