A problem with open bins is accumulation of dust and dirt in with the parts, especially sawdust if you're going to do any woodworking. I'm partial to the pullout clear plastic drawers for small parts. Hang two or three of these units side by side on the wall, or stand up at the back of a work bench:
4 Bin Organizer with Full Length Drawer
Fully agree with the need for closed storage- when we first got our barn built, we had hardware in open bins, and even though the barn was closed most of the time, I found that not only was there saw dust, dirt and other airborne debris in them, there were often moths and other bugs in various degrees of activity from mummified to alive and annoying-- hence everything has closed lids now- and like friend Cali above, quart mayo jars have the biggest place, followed by smaller peanut butter and other non-specific containers.
Before the advent of ubiquitous plastic jars, I made a very large storage rack for my dad using baby food jars in a row with their metal lids screwed to a mounting board, so they would hang from them in plain view, but the areas where they could be placed were limited, and there was unavoidable attrition as the glass jars got dropped or knocked off work tables/benches.
I still have that problem, so I hardly ever use glass unless it's for something that will eat or otherwise degrade the plastic ones- and for those I use glass Marchetti salad dressing jars.
I also have some of these:
2 Bin Medium Portable Parts Storage Case
Portable Storage Case
8 Bin Portable Parts Storage Case
That I use to store assorted sizes of things like lag screws, self-drilling screws, 1/4-20 nuts, bolts, washers, etc- so that they're all in one place to choose from. They're not the sturdiest- if they get dropped they can crack and/or pop open, but I have found [by dropping a lot of things] pretty much all similar bins are about the same in durability.