A rack supports and displays loop-like articles, such as necklaces. The rack includes a bar having a series of circumferential grooves and a holder for supporting the bar from a vertical surface. In one implementation, the holder is at the center of the bar, and is rigidly connected to the bar. In another implementation, the holder is at one end of the bar, with a pivot support at the other end of the bar. The bar is permanently and pivotally fixed to the pivot support, and releasably received in the holder. In the latter implementation, the bar can be lifted or pivoted out of engagement with the holder so that a necklace can be removed from the bar.