I see a lot of people asking for non wreathed Red Rreign items at the Trades, wreathed items seems to be a problem. IDK what's the difference but the wreath. Is there any particular difference between them?
Throwing a wreathed item into the fire will cause the Red Rreign to burn you, which is only useful if you're going for the achievement. Only the non-wreathed items will get you a chance at another item in return.