A jewelry box for holding jewelry is disclosed that has an elongate member having a first end and a second end, an inner surface and an outer surface, and that is foldable between an open position and a closed position, where the closed position is a box. A jewelry-receiving member protrudes from the inner surface of the elongate member for movement therewith and defines a receptacle to receive a piece of jewelry. The receptacle, in the open position, is oriented generally perpendicular to the inner surface of the elongate member and, in the closed position, after rotation of the jewelry-receiving member of about 90 degrees, is oriented generally parallel to the inner surface of the elongate member.