Buy a frame without glass. I scored this one at a flea market for 5 bucks!
Drill holes in the top of the frame. I made mine 2 inches apart
Screw the hooks into the holes. You can buy them at any hardware store. I used 3/4 inch hooks.
Continue screwing them in all of the way across the top of the frame.
Hang your jewelry on the hooks and the frame on the wall. You can also put a piece of cardboard wrapped in pretty paper in the frame as a nice backdrop to the jewelry.