Of all the bizarre items to be found in NetHack, this could quite possibly be the biggest disappointment of all. This wand literally does nothing -- I guess it lives up to its name better than most of the other wands, if you want to think of it that way. I think it comes with several hundred charges.

Fortunately, there is some code in the character generation file (u_init.c) that prevents a hapless wizard from starting out with one.