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Conegamer said:

Hey now don't be a bully. I wouldn't have asked if I knew!

I'm guessing you need to give them to individual moogles as with the letters, but that's just a guess. 

I know you'd rather hold two Kupo nuts at once but, unfortunately, if I remember correctly, you have to return them one at a time to the first Moogle that asked for them and he'll give you an item.  Most are average but sometimes you get something nifty, based on something something.  I don't remember how that worked.