LORE Question, What would happen if ...?

[Kika Maslyaka]

on LIVE, SOE would temporary mark items that were about to become LORE with "PENDING LORE" flag which you could see written in item stats

They would usually do this 1-2 weeks in advance of a lore nerf so people would be aware and sell off extra items.

And yes, the moment item goes full lore and you log onto your character - any duplicates will go POOF