You may be at the point where you can maybe get some minor upgrades for under 50M or 100M but for anything major, you are looking at 100s of millions. So, we don't want to be picking up stuff that has very little chance of being valuable. We want the big ticket stuff.
Some people say only pick up 1hs and jewelry. Some say pick up everything as it is a decent, albeit boring, source of income. Should we be picking up all 1h ilvl 61 and higher? Should we be discriminating based on item type? A friend of mine said don't pick up any class-specific helms. Is that a good idea?
What I'd like to get going here is a thread about what rares are worth picking up and IDing so I (and others) can decrease time spent in town. Here is a list of what I'm currently IDing. Help me trim this down. I'm going to sort the list based on what ilvl I begin picking up the item type. Anything marked with an asterisk* I am seriously considering leaving on the ground for the goblins or giving it a higher ilvl threshold. (Item names are in parentheses listed from the lowest ilvl to the highest.)
-Gloves (Manifers, Warlord Gauntlets, Stranglers, Sovereign Vambraces, Archon Gauntlets)
-Enchantress relics (Oculus, Cauldron, Herb)
-Scoundrel relics (Diamond Razor, Brooch, Dust Satchel)
-Daggers (Basilard, Piercer, Darkblade)
-Wands (Archmage Wand, Strike Wand, Desolator Wand)
-Swords(Saif, Conquest Sword, Rune Sword)
-Axes (Skartaran Axe, Galraki, Arch Axe)
-Maces (Goedendag, Crag Hammer, Demolisher)
-Mighty weapons (Chopsword, Massacre Axe, Slayer)
-Pants (Schynbalds, Sovereign Tassets, Archon Faulds)
-Hand xbows (Impellor, Exorcist)
-Spears (Vel, Centurion Spear)
-Bracers (Armplates, Razorspikes)
-Boots (Sovereign Greaves, Archon Greaves)
-Wizard hats (Elder Hat)
ilvl 63 only
-Ceremonial knives (Veil Piercer)
-Fist weapons (Heaven Hand)
-Shoulders (Archon Spalders)
-Shields (Sacred Shield)
Not worth it regardless of ilvl
Well, there you have it. Yes, I know, I'm picking up too much junk. I'll edit this post as we trim the fat. And hopefully, we'll end up with a definitive list of what's worth picking up guide after some debate.
edit: already started trimming some fat
working on awesome0's suggestion of putting the item names in case peeps don't know them.