By us killing Tyrinth, we lost a major source of information about our friend Applebottom and Ssirine. How did a corrupt mayor wind up with such powerful friends? We have the journal, which I believe to be Applebottom's, but I could be wrong, which states that the treasure of a kingdom was placed inside the well. Is the sentinent sword it? Very likely, but with the amount of magical items we discovered, it could be any of them, which again leads us back to Applebottom.
I think that perhaps it is time to really question the Mayor and learn who is really behind all of this, showing him that we have discovered the journal, Tyrinth's severed head, and the items from her lair. Hopefully, with all of these things, we can get some answers.
However, if I am dragging you guys too far down in the weeds with all of this, please tell me, and I will back off. I am just enjoying the game so much that my imagination is seeing cloaked figures everywhere trying to lead us astray.
I would say we could divide up the items now, but with the multitude of possible enchantments out there, I think we do need to wait on that.
Sorry for my morning rambles, but just wanted to through a few things out there...