Tie some fishing line around the thread section, and hang it.
Tbh I'd probably just spray it and live with it, rather than going to the process of getting it powercoated personally. If it's going to be pulling you out of the dirt all the time (depending on driving
) then it's going to get nackered anyways.
But LOL @ you sitting there looking bored holding a toe eye with half your hand painted for ages lol.