You turn in items by dropping them in a garbage can. The points are awarded when the item is destroyed. You then redeem the points from an NPC in several cities for various rewards. The rewards currently range in value from 1,000 to 50,000 points.
While I've probably missed half the turn-ins, here's what I've tested on TC1. Any of them may change before we see it on production shards, but these are the cleanup points you get for many items right now.
Artifact Rarity: 1-5 2-15 3-25 4-50 5-100
6-200 7-350 8-750 9-1400 10-2750 11-5500
Power Scrolls: 105-50 110-100 115-500 120-2500
Treasure Maps: Lvl 1-50 2-100 3-250 4-500 5-750 6-1000 7-1500
Resources (Points per item)
Boards: Plain-0.05 Oak-0.1 Ash-0.25 Yew-0.5
Heartwood-1 Bloodwood-2 Frostwood-3
Bola Ball: 1
Fish Bait: 10 (per charge) (Only tested Yellowtail...)
Gems: Normal-0.3 ML Mining Gems & White Pearl-25 Brilliant Amber-62.5
Gold: 0.01
Halloween Candy: 1
Ingots: Iron-0.1 DC-0.5 Shadow-0.75 Copper-1 Bronze-1.5
Gold-2.5 Agapite-5 Verite-8.5 Valorite-10
Leather: Plain-0.1 Spined-0.5 Horned-1 Barbed-2
Lumberjacking Resources: Bark Fragment-1.6 Luminous Fungi-2 Switch-3 Parasitic Plant-6.25
Scales: 0.1 Medusa Scales-200
Runics (per charge): DC-5 Shadow-10 Copper-25 Bronze-100
Gold-250 Agapite-1000 Verite-4000 Valorite-8000
Spined-10 Horned-100 Barbed-400
Tokuno Major Dyes: 500 (per charge)
Unnamed Crab/Lobster: 1
Void Core: 200
10pts
Recipe
Small Piece of Blackrock
25pts
Pet Parrot
50pts
Holiday Tree Deed
Jack-o-Lantern
Resolve Bridle
Shepherd's Pie
Valentine's Chocolates
100pts
13th Anniversary Fruitbasket
Balms (Stolen from monsters)
Blessed Bottles & Lamps (From Abyss Housing Quest)
Books (From Ter Mur Quests)
Chest of Drawers
Fish Heads
Freshly Picked Rose
Mask of Orcish Kin
MiB & SoS
ML Minor Arties
Oars
Paragon Chest
Pile of Snow
"Recovered From a Shipwreck" Items
Stretched Hide
Table Legs
Twilight Lantern
Valentine's Bear
White Leather Dye Tub
250pts
Bloody Sash
Brightly Colored Eggs
Lava Fishing Pole
Order of Dragonfish Book
Plucked Turkey
Special Fishing Net (Green or Colored)
Underworld Puzzle Room Rewards (Flowstone, Plucked Chicken, Etc.)
300pts
Tapestry Deed (BOD reward)
400pts
Codex of Virtue
Heart Shaped Box
Icicles
Pigments of Tokuno (1 use)
Pumpkin Scarecrow
Tall Gift Box
Ultima Banner
500pts
Antique Wedding Dress
Bear Rugs (BOD reward)
Bronzed Armor of the Valkyrie
Enchanted Kelp Woven Leggings
Grapevines
Large Fishing Net
Ruined Ship Plans
Runed Driftwood Bow
800pts
10th Anniversary Fireworks Wand
900pts
2008 Holiday Card
IOU Card
Stuffy Animals
Red Velvet Box (Small Box)
Thread of Fate/Life/Thought
1000pts
Ancient Hammer +10
Cornucopia
Eternally Corrupt Tree
Focusing Gem
Horn of Dread Horn
Medusa Blood
Paroxy Dinner
Pristine Dread Horn
Special Hair Dye
1500pts
Ancient Hammer +15
Ankh Pendant
Map of the Known World
Virtue Armor Pieces
1600pts
2007 Holiday Card
Red Valentine's Card
Rope
Rose in a Vase
2500pts
2006 Holiday Card
9th Anniversary Coin
9th Anniversary Furniture (Shadow/Crystal)
Ancient SoS
Candy Cane
Copper Shilling/Silver Crown/Gold Sovereign
Conjurer's Garb
Fabled Fishing Net (White)
Frostguard Talisman
Gingerbread House Deed
Jade Snake Head
Stocking (Red/Green)
Tokuno Major Arties
3500pts
Reindeer Deed
5000pts
Decorative Topiary/Festive Cactus/Snowy Tree
Light of the Winter Solstice
Mistletoe Deed
Plague Beast Mutation Core
Replica's
Rubble
SA Major Arties
6500pts
April 1st Gift Box
AoS Clothing
Birthday Bell
Gift Box
Happy 6th Anniversary Bag
Mini House Deed
Red Velvet Box (Large Box)
8000pts
Snowglobes
10000pts
Conjurer's Grimoire
15000pts
Flowerpot
Potted Plant
25000pts
Crystallized Essence
NO Points (Random stuff I tried that have no point value now)
Alacrity Scrolls
Aquarium Deco
Arcane Gems
Barnacle Covered Portrait
Bowcrafting Runics
Carpentry Runics
Fur
Gorgon Lens
Large Fish
Mininova Fireworks Wand
Peerless Ingredients
Picnic Basket
Potion Kegs
Pumice
Pumpkins (named)
Reagents
Edit: Added some items








