A jewelry holder and display includes an upstanding elongated stem or post the lower end of which is secured to a circular base which, in turn, is rotatably supported on a larger diameter primary base such that the upstanding stem can readily rotate about its longitudinal axis. The stem supports radially located extending pegs and also supports at its upper end a generally cylindrical cup-shaped receptacle member having a plurality of radially located extending pegs selectively secured to its outer circumference for supporting jewelry items such as necklaces, bracelets, watches and the like. The receptacle member has an internal chamber to receive small items of jewelry, such as rings and cuff links. A cover is provided to releasably cover an upper opening in the receptacle chamber which may be lined with a soft felt and can receive a ring support cushion.