diff --git a/.changes/next-release/bugfix-dynamodb-70676.json b/.changes/next-release/bugfix-dynamodb-70676.json
new file mode 100644
index 0000000000..71eec8d1de
--- /dev/null
+++ b/.changes/next-release/bugfix-dynamodb-70676.json
@@ -0,0 +1,5 @@
+{
+  "type": "bugfix",
+  "category": "dynamodb",
+  "description": "Fixes duplicate serialization issue in DynamoDB BatchWriter"
+}
diff --git a/boto3/dynamodb/transform.py b/boto3/dynamodb/transform.py
index eef3aae625..3944f3151f 100644
--- a/boto3/dynamodb/transform.py
+++ b/boto3/dynamodb/transform.py
@@ -22,8 +22,18 @@ def register_high_level_interface(base_classes, **kwargs):
     base_classes.insert(0, DynamoDBHighLevelResource)
 
 
+class _ForgetfulDict(dict):
+    """A dictionary that discards any items set on it. For use as `memo` in
+    `copy.deepcopy()` when every instance of a repeated object in the deepcopied
+    data structure should result in a separate copy.
+    """
+
+    def __setitem__(self, key, value):
+        pass
+
+
 def copy_dynamodb_params(params, **kwargs):
-    return copy.deepcopy(params)
+    return copy.deepcopy(params, memo=_ForgetfulDict())
 
 
 class DynamoDBHighLevelResource:
diff --git a/tests/functional/dynamodb/test_table.py b/tests/functional/dynamodb/test_table.py
index bf6b1c4e55..e27e1bc08a 100644
--- a/tests/functional/dynamodb/test_table.py
+++ b/tests/functional/dynamodb/test_table.py
@@ -10,6 +10,8 @@
 # distributed on an "AS IS" BASIS, WITHOUT WARRANTIES OR CONDITIONS OF
 # ANY KIND, either express or implied. See the License for the specific
 # language governing permissions and limitations under the License.
+import json
+
 from botocore.stub import Stubber
 
 import boto3
@@ -22,20 +24,93 @@ class TestTableResourceCustomizations(unittest.TestCase):
 
     def setUp(self):
         self.resource = boto3.resource('dynamodb', 'us-east-1')
+        self.table = self.resource.Table('mytable')
 
     def test_resource_has_batch_writer_added(self):
-        table = self.resource.Table('mytable')
-        assert hasattr(table, 'batch_writer')
+        assert hasattr(self.table, 'batch_writer')
 
     def test_operation_without_output(self):
-        table = self.resource.Table('mytable')
-        stubber = Stubber(table.meta.client)
+        stubber = Stubber(self.table.meta.client)
         stubber.add_response('tag_resource', {})
         arn = 'arn:aws:dynamodb:us-west-2:123456789:table/mytable'
 
         with stubber:
-            table.meta.client.tag_resource(
+            self.table.meta.client.tag_resource(
                 ResourceArn=arn, Tags=[{'Key': 'project', 'Value': 'val'}]
             )
 
         stubber.assert_no_pending_responses()
+
+    def test_batch_write_does_not_double_serialize(self):
+        # If multiple items reference the same Python object, the
+        # object does not get double-serialized.
+        # https://github.com/boto/boto3/issues/3474
+
+        used_twice = {'pkey': 'foo1', 'otherfield': {'foo': 1, 'bar': 2}}
+        batch_writer = self.table.batch_writer()
+
+        # The default Stubber compares the request payload to the
+        # "expected_params" before automatic serialization happens. This custom
+        # event handler uses the same technique as the Stubber to record the
+        # serialized request body, but later in the request lifecycle.
+        class LateStubber:
+            def __init__(self, client):
+                self.intercepted_request_body = None
+                client.meta.events.register_first(
+                    'before-call.*.*',
+                    self.late_request_interceptor,
+                )
+
+            def late_request_interceptor(self, event_name, params, **kwargs):
+                if self.intercepted_request_body is not None:
+                    raise AssertionError(
+                        'LateStubber was called more than once, but only one '
+                        'request is expected'
+                    )
+                body_str = params.get('body', b'').decode('utf-8')
+                try:
+                    self.intercepted_request_body = json.loads(body_str)
+                except Exception:
+                    raise AssertionError(
+                        'Expected JSON request body, but failed to JSON decode'
+                    )
+
+        late_stubber = LateStubber(self.table.meta.client)
+
+        with Stubber(self.table.meta.client) as stubber:
+            stubber.add_response(
+                'batch_write_item',
+                service_response={'UnprocessedItems': {}},
+            )
+            batch_writer.put_item(Item=used_twice)
+            batch_writer.put_item(Item=used_twice)
+            batch_writer._flush()
+
+        expected_request_body = {
+            'RequestItems': {
+                'mytable': [
+                    {
+                        'PutRequest': {
+                            'Item': {
+                                'pkey': {'S': 'foo1'},
+                                'otherfield': {
+                                    'M': {'foo': {'N': '1'}, 'bar': {'N': '2'}}
+                                },
+                            }
+                        }
+                    },
+                    {
+                        'PutRequest': {
+                            'Item': {
+                                'pkey': {'S': 'foo1'},
+                                'otherfield': {
+                                    'M': {'foo': {'N': '1'}, 'bar': {'N': '2'}}
+                                },
+                            }
+                        }
+                    },
+                ]
+            }
+        }
+
+        assert late_stubber.intercepted_request_body == expected_request_body