OK, here are three swords I own.
From #1, I can salvage the Shocking Hilt, Pommel of Swordsmanship and the Inscription.
From #2, I can salvage the Icy Hilt, Pommel of Swordsmanship and Inscription.
From #3, I can salvage the Pommel of Enchanting.
Shocking Long Sword of Swordsmanship
Dmg: 15-22 Req 9
Swordsmanship 19%
Inscrip: +15% vs hexed
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Icy Bramble Blade of Swordsmanship
Dmg: 15-22 Req 9
Swordsmanship 20%
Inscrip: +15% vs hexed
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Jade Sword of Enchanting
Dmg: 15-22 Req 10
Dmg: 15^50
Enchantments last 19% longer
When you click on an item to be salvaged, a window opens showing what can be salvaged from it.
As I select, if I have never salvaged that particular upgrade before, a notice will open on the screen saying it has been unlocked for my account. That means the I would get the notice for both Swordsmanship Pommels as one is 19% and one is 20%. The same thing happens if you salvage an inscription.
The Jade sword has an inherent mod instead of an inscription, so that cannot be salvaged.
http://wiki.guildwars.com/wiki/Salvage