Name Why it's rare Obtainable?

Teebu's Blazing Longsword Sword worn by dwarf "Hammerfall" on vanilla WoW Cover, Yes
random world drop. Used for Transmog.

Recipe: Dirge's Kickin' Chimaerok Chops Old quest reward in the AQ gates opening chain. Quest No
removed in Cata. Only epic cooking recipe.

The Eye of Shadow Part of the old quest for the priest staff "Anathema" and No
"Benediction". It's useless, but collector's might want it.

Blade of Hanna Very rare vanilla raid random drop. Used for transmog. Yes

Manual: Strong Anti-Venom Random world drop, collector's want this. Yes

Schematic: Arcane Bomb Random world drop, collector's want this. Yes

Pattern: Deviate Scale Belt Old quest reward in Wailing Caverns. Removed in Cata. No

Pattern: Shifting Cloak Old reward from Knot Thimblejack's Cache in Dire Maul. No
Removed in Cata.

Pattern: Hide of the Wild Old reward from Knot Thimblejack's Cache in Dire Maul. No
Removed in Cata.

Pattern: Chromatic Cloak Old reward from Knot Thimblejack's Cache in Dire Maul. No
Removed in Cata.

Shadowfang BiS level 19 twink rogue weapon. Was a random drop in Yes
SFK. After the nerf, it still drops, but only from bosses now,
VERY rare.

Assassin's Blade Was BiS level 19 weapon until it was nerfed, still collector's Yes
might want it. Still drops, but only from bosses in SFK,
VERY rare.

Sulfuron Hammer Required to make Sulfuras, Hand of Ragnaros. Nag it if you Yes
see it cheap.

Elemental Attuned Blade Was a small chance of finding this in a Sack of Spoils, they No
can no longer be obtained. This is also BiS mage and warlock
lvl 59 twink weapon. People want it for transmog as well.
Blade of Wizardry Rare world drop, transmog purposes. Yes

Petrolspill Leggings BiS druid, rogue and hunter level 24 twink legs. Random drop Yes
in Gnomeregan.

Recipe: Thistle Tea This item was discontinued in patch 1.3 in 2005. It was No
replaced with a BoP version of this recipe. People pay loads
for this, since this can be learned by all classes.

Recipe: Elixir of the Mongoose VERY rare old world random drop recipe. Yes

Plans: Felsteel Reaper Rare TBC random drop. Yes

Schematic: Major Recombobulator 4% drop chance in the Dire Maul tribute chest. Yes

Plans: Invulnerable Mail VERY rare vanilla raid random drop. Yes

Formula: Enchant Shield - Lesser Parry VERY rare vanilla world random drop recipe. Yes

Ruby Shades Was sold by Haris Pilton in Shattrath. They were removed No
from her list in patch 3.0.8.

Pattern: Star Belt VERY rare vanilla random world drop recipe. Yes

Pattern: Barbaric Belt VERY rare vanilla random world drop recipe. Yes

Pattern: Shadow Hood VERY rare vanilla random world drop recipe. Yes

Schematic: Arcanite Dragonling VERY rare vanilla random world drop recipe. Yes

Tarantula Silk Sash BiS level 19 twink belt for casters. Dropped by the rare mob No
Chatter. He was removed in Cata, therefore no longer
available.

Pendulum of Doom No

Haunted Memento Reward in the pre wotlk event. Makes a ghost following you. No

Schematic: Flawless Arcanite Rifle VERY rare vanilla random world drop recipe. Yes

Frozen Rune Level 60 Naxxramas reagent. No

Cloak of Flames VERY rare vanilla raid random drop. Yes

Design: Pendant of Sunfire Very rare Sunwell Plateau random mob drop. Yes

Schematic: Annihilator Holo-Gogs Very rare Sunwell Plateau random mob drop. Yes
Pattern: Sunfire Handwraps Very rare Sunwell Plateau random mob drop. Yes

Design: Hard Khorium Choker Very rare Sunwell Plateau random mob drop. Yes

Schematic: Hard Khorium Goggles Very rare Sunwell Plateau random mob drop. Yes

Plans: Hard Khorium Battleplate Very rare Sunwell Plateau random mob drop. Yes

Plans: Sunblessed Breastplate Very rare Sunwell Plateau random mob drop. Yes

Schematic: Hard Khorium Goggles Very rare Sunwell Plateau random mob drop. Yes

Pattern: Carapace of Sun and Shadow Very rare Sunwell Plateau random mob drop. Yes

Pattern: Embrace of the Phoenix Very rare Sunwell Plateau random mob drop. Yes

Pattern: Leather Chestguard of the Sun Very rare Sunwell Plateau random mob drop. Yes

Pattern: Sun-Drenched Scale Chestguard Very rare Sunwell Plateau random mob drop. Yes

Schematic: Powerheal 9000 Lens Very rare Sunwell Plateau random mob drop. Yes

Schematic: Hyper-Magnified Moon Specs Very rare Sunwell Plateau random mob drop. Yes

Schematic: Justicebringer 3000 Specs Very rare Sunwell Plateau random mob drop. Yes

Schematic: Lightning Etched Specs Very rare Sunwell Plateau random mob drop. Yes

Schematic: Mayhem Projection Goggles Very rare Sunwell Plateau random mob drop. Yes

Schematic: Lifelike Mechanical Toad Very rare vanilla random world drop recipe. Yes

Hotshot Pilot's Gloves Very rare drop from Gnomeregan. BiS gloves for 24 casters Yes

Hakkari Bijou (different types) Old item from ZG which used to give reputation No

ZG Coins (different types) Old item from ZG which used to give reputation No
This is a list of items that are either extremely rare, or no longer obtainable .
A good way to find these items, would be adding them to your "snatch" list of your auctioneer.
If you get your hand on any of these items, you can be sure to get a good amount of gold.

Cloak of Flames
Haunted memento
Recipe: Thistle Tea is also BoP. IIRC
Schematic: Flawless Arcanite Rifle - Item - World of Warcraft
Frozen Rune - Item - World of Warcraft
Pendulum of Doom, Tarantula Silk Sash
Schematic: Lifelike Mechanical Toad