Yeah, I'm having the same problem with my "no magic" party. Most other RPGs I've played had a "pay to identify" option for shops/NPCs/whatever, but apparently that idea didn't make it into Wiz8. You can sell the item (for 25% of the purchase price) and then buy it back, but magic-impaired parties get hit with a double whammy here: you typically don't have much cash either. About the best you can do is spend a while in the Rapax Castle as a non-Templar; the ever-spawning Rapax hordes drop goodies that sell for good amounts, so you can build up a respectable bank balance fairly quickly.
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