Actually, I don't think the links are going to help anyway. I believe Bluehorizon is referring to one of two things.
1. Looted __________ treasure. If you have something with this description, the only collector you want to find is a vendor. These items are all vendor trash. They are there to provide you with money.
2. Guild Status Items. If you have something that says, "A guild of scouts/mages/fighters/priests would find this interesting" then you have found a status item. You can turn these into the local scout/mage/fighter/priest guild to receive personal and guild status points.
Edited, May 10th 2007 1:10pm by Mearyk