Hmm...
I haven't encountered this one before.
Try this:
Download this and source it
http://mwnpcmovdb.kicks-ass.net/MWnp...default0_3.zip
Then source the update your should already have 050_item_object_update.sql
and if that still doesn't work, download the EQEmu source not the cvs...
If that fails, all I can say is sorry, you're SOL until you can post the debug information and have it answered.