"Mixed scrap jewelry lots" means exactly what it says: scrap jewelry lots of mixed nature, character and/or composition. These scrap lots are often the most interesting to examine and peruse, on account of the pleasant surprises they contain every now and then! Scrap jewelry is very much sought after in the scrap trade. Such lots tend to contain different precious metals and the odd precious stone or pearl. Some of the scrapped jewelry is actually very much wearable, after nothing more than a good cleaning and careful polishing. Every now and then one finds a lot or item described as "not scrap". This usually doesn't mean that it is not scrap, but that it is scrap that's actually somewhat too good to be called scrap.