A Jacobs chuck key holder mounted on the hand-drill housing for pivoting movement from an out-of-the-way clearance position into meshing engagement with the Jacobs chuck, either the chuck ring or drill operative end thereafter being rotated relative to the other to cause engagement or disengagement of the drill jaws with the drill bit, and the key lacking, as unnecessary, a centering projection so that no special alignment of the key with the drill operative end is required for the aforesaid mes...