25 May 2010 at 08:48 - 2
Unidentified shield is worth 700 gold, like any other unidentified item.
You must identify it. If it has 2 good mods (one +30/+45 e/s health and one damage reduction) it will be worth something. Or if it is inscribable.
Identify it, so someone can PC it properly.
White items, or blue/purple/gold one-mod shields are worthless (only merchant will buy them).