Abstract: An apparatus for displaying or storing jewelry of the type having at least one pin-like shaft, such as pierced earrings, comprises a frame having two frame support members and at least one frame spacer member. A fabric panel is stretched across the frame, the fabric being directly attached to the support member but not the spacer member or members. To display or store the jewelry, the pin-like shaft is inserted through the fabric panel. The frame can be quickly disassembled by detaching the frame spacer member or members from the frame support members. Once the frame is disassembled, the fabric panel may be scrolled about the frame support members to create a compact package for easy transportability or storage.