Bungie posted previews of the gear Lord Saladin will be selling this week on their Twitter and FaceBook accounts yesterday.
The weapons on offer are the Finnala's Peril hand cannon and the Bretomart's Stand heavy machine gun.
The armor offerings will be the arms and chest pieces for each class.
Bungie said we can expect Iron Banner to open up in connection with Update 2.0.2, which should go live at approximately 10:00 am PST - so keep an eye out for those patch notes this morning as well!