So,I picked up a set of four 9 1/2" square metal black trays from Goodwill for three dollars, and also a full length stretch velvet black gown for five dollars. And ended up with this. You can't make out the individual rolls, but trust me,they're there and the pins are nestled between them.
The basic idea was cut out fabric,roll it up and glue the edge,cut a piece of velvet and glue around the fabric roll, glue down in the tray. Don't do what I did and cut up a beach towel. A thicker fabric would have been much easier and made nicer rolls. A felted sweater would probably have been perfect. But, I was stubborn and used what I had.
Rolled up the fabric, used an old, bristleless paintbrush,i.e. a stick, to daub tacky glue on the edge. I put rubber bands top,bottom,and middle, or tied scrap fabric there. Made enough to fill the tray. If the rolls are a little too long, they can be trimmed. But yeah, don't use a beach towel. It is also helpful to know exactly where you safely put the good fabric scissors to keep people from using them for paper.
Here's the empty tray. I used E6000 to glue the rolls down after they'd been wrapped,but hot glue would have worked as well, and smelled better,too.
Anyway! After making all the fabric rolls,next step.Remove the ties. Cut a piece of the pretty fabric, and you want it long enough to overlap the ends. Stretchy velvet was perfect. I ran a thin line of E6000 down one edge of the velvet, placed the fabric sausage on it, rolled it up, did another roll of glue at the edge to secure it, squirted glue at the top and bottom and mushed/folded the overlap down. Ran a line of glue in the tray,including up the edges. Placed roll in, seam side down. Repeat. Use packing tape to get the fuzzies off the velvet. Fill with pins to try it out.
The first roll I made was saaad. I didn't roll it tightly, and I smeared glue on the velvet.
Not perfect, but good enough, and the other three trays will be easier. And this was cheap! I'll end up with four trays for pins/earrings/rings for a total of 8.00, plus the cost of a tube of glue/hot glue sticks.