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When Diablo 3 launches, players will be able to buy and sell any and every item in the game through real money auction houses.
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Duplication will not be an issue for the reasons I mention above. I'm not kidding when I say every single transaction of every type is recorded. They record and store everything. They record: Every drop from every enemy in every game world, every coin drop, every player-to-player trade, every auction created, every auction completed and money transfer, every item sold/bought from a vendor.
They even have the ability to record all of the raid/instance data for any guild or player if they need to. (They do this to balance after major content releases).
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