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I think a private auction house will be something implemented in the first expansion. I am thinking that Blizzard wants to put in guild/clan support in the first expansion and they will tie in new improved AH features with the expansion. One of the main new AH features will likely be some form of private auction houses, such as guild/clan/friend exclusives auctions. It is a good idea and I don't think Blizzard has overlooked this concept, but it seems like a feature that isn't necessary for release. However, it would make a great advertised "feature" for an expansion. Buy Diablo gold is necessary for your Diablo playing trip.
I don't know about private auction houses as that seems like it would get kinda sloppy after awhile but they definitely need to add some kind of buyer isolation feature on the auction house where you could "offer" a trade to someone specific through either AH so that communities can post their wares and real money trades can be made person to person... Assuming such a feature doesn't already exist, I haven't seen mention of it anywhere if it does... I've even seen games where auction house listings could be posted to your guild mates only, which would be kinda sweet too.
But thats only for buyout... this is an auction system so it most likely will be what you bid for which won't matter at which g amount you start the bid, it will scale up to what people need to pay. It's like all these 0.01$ auctions on ebay, they will go up to whatever people are ready to pay.
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