Don't sell stat- and skill-granting equipment; wear it as you see fit.
Boots
Enchanted War Boots: sold at a store, add to Speed. Buy them for every nontechie NPC in your party, too.
Elven Boots: sold at a store, increase stealth. Get an NPC follower to carry them for you.
Gloves
Gloves of Dexterity: +2 Dexterity
Baneful Gauntlets: one of the best items in the game. Murder annoying npcs for free, completely blamelessly, then rez them as needed. Ultimate solution to a LOT of sidequests. Tell your followers to wait and drop the gauntlets near an npc.
Headgear
Dark Helm: +20 Magickal Aptitude, -20 alignment. Found at the castle in Ashbury.
Armor
Caladon Crusading Chain (medium): +1 ST, +1 CN, +1 DX, +1 BE. Useful for stat bonuses.
Smoking Jacket: +20 reaction. Sold at tailors.
Elegant Dress: +20 reaction for ladies. Surprisingly rare; buy one at chargen if playing a woman.
Enchanted Gown: omgwtfbbq good dress, female only. Steal from the seamstress at The Dancing Needle (Black Root).
Dread Armor: very good, very durable armor. Negative reaction. Give it to followers. Warning: your party will look funny.
Various magickal robes: for style, I guess.
Necklace
Jewel of Hebe: +1 BE, +1 CH. Panarii temple, Tarant. Supposedly stealable if you turn the priest around, then stand far away enough to not trigger the alert. The priest does not sleep.
Charming Medallion: gives the ability to cast Charm. Worn by Ristezze in Shrouded Hills.
Finger of SPOILER ALERT: +1 WP, +2 Melee. Found on a quest in Caladon.
Ring
Ring of Influence: +3 BE, +3 CH, +3 Persuasion, +3 Haggling. Worn by J.T. Morat (a gnome) in Grant's Tavern, Tarant. It's a reward for Haggling Mastery, but note that it grants a Haggling bonus, so steal it (perhaps using a Fate point) whether you're going for mastery or not. Best ring ever.
Ring of Shadows: invisibility, hexed, huge damage over time, WILL KILL YOU VERY DEAD. Found at Strange Pond. Highly useful for when you don't have the Invisibility spell. Don't sell it. Use with extreme care.
Weapon
Arcane staff: 80 mana, occasionally sold; carried by npcs late in the game.
Mage staff: 50 mana, often sold, worth buying. Carry several mana sources to exchange when you run out of mana.
That one staff with 40 mana that is found relatively early in the game but I forget where: found relatively early in the game, but I forget where (the first main quest location in Tarant, probably).