Hooks are a great space saver. And trust me we need it (okay two closets?) I use hooks to their greatest potential - storing upwards helps clear the floors, cabinets, drawers (and under the bed) for other items!
Hand made by yours truly. An old antique piano board (have no ideas what that really means), some wood polish, a ruler, a drill and some Antrhropolie nobs turned Coat Rack!