People don't bother with those items is the problem.
They take bag space, they take time to sell and they generally aren't worth the time of the average player on this server who has at least one character 50+.
This is one reason why the bazaar was an excellent addition to the game. It allowed players to sell all different qualities of gear and for there to be a market for each quality level.
As a wizard I would say don't really bother with gear for quite a few levels. Focus on getting spells primarily.
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