a ring shape as shown by reference numeral 80 of fig7 c a base plate 82 preferably with a raised internal circular portion 82 b is preferably provided for attachment onto the magnetic ring 80 the entire magnetic element including plate 82 and ring 80 can then be used like a magnet for attachment to the receptacle in the fastening for example the magnet shown in reference numerals 86 56 and 66 may actually consist of a magnetic ring and a metallic disk as shown in fig7 b the advantage of such a magnetic set is that expensive magnetic material may be reduced due to the hole in the center of the ring this however does not substantially reduce the magnetism of the magnet set because the base plate may be made of substance such as chromium or of nickel plated steel that can concentrate a ferro magnetic substance such as chromium or nickel plated steel that can concentrate the magnet along magnetic axis 88 and in the direction unshielded by the base plate the base plate is the side of the magnetic set that is attached to and adjacent the base portion of the previously described fasteners while the magnetic ring is exposed for interaction with another magnet attached to a matching fastener while the present invention has been explained by reference to the preferred embodiments above it should be appreciated that the embodiments are provided for illustration and assisting understanding only and do not intend to limit or restrict the scope of the present invention for ease of description the polarity of the magnetic members of each of the fasteners have not been specifically stated it is however clear for one of ordinary skilled in the art that for.