JC69 - welcome.
EARLY GAME SPOILERS
.
.
.
.
.
.
.
.
.
.
If you didn't use the keys in Irenicus' dungeon hall of wands (in which case they should have disappeared and been replaced by the wands you use them to unlock) then there is no other use for them in the game and you can get rid of them.
I would suggest finding a container to store things that you don't want to carry around with you - I always use the table in front of the Mithrest Inn - as stuff you drop on the floor will disappear after a few hours. Items you have no immediate use for will be safe if in a container or on a table.
------------------
Time is an illusion. Lunchtime doubly so.
Epona of The Laughing Hyenas and The Ladies Guild.