I'm fine selling all the mundane equipment, keeping the magic, as others have said. Wireth can use the curative wand, but if we think anyone might be using it in combat, it may be better to have someone else carrying it, since he's likely to have his hands full, as it were. So long as whoever carries it uses it for whoever wants / needs it, I'm happy to consider the wand communal, too.
As PM pointed out, with three items unidentified, further splits will depend on what the wand, ring, and cloak actually are.