A wire coil holder and dispensing device that contains one or more coils of electrical or other wire of any size and dispenses wire as needed by the user. A cylinder between upper and lower side walls rotates and dispenses wire. Wire of any gauge or coil size may be loaded onto the device. The side walls of the device prevent the wire from uncoiling in an unregulated manner, while the cylinder on which the coil is mounted only turns when the user pulls the free end of the coil, thus preventing excess wire from being dispensed. Additionally, the device contains a variety of hard points on the outer side walls, which allow the device to be mounted or affixed if desired, however, the wire, may be dispensed without need of mounting.