Make a "rack" of sorts.....Ummm....how to explain it....Have a base mounted to the wall w/ a decorative board attached to it....then run a dowell pin through it..you could hang 2 bows from it.
Don't know how to explain it really, and I don't have one to take a picture of....I have it in my head beautifully though.

[&:]
Oh, oh......attach a 2" dowel rod to a board that is screwed to the wall....Through that 2" rod drill a hole dead center and run a 1/2" dowel through it...