TEHACHAPI, CA.- Government Auction's Nov. 23, 2012 Black Friday auction will launch the holiday season with a sizable cache of luxury goods that includes designer watches, precious gems and gold coins. More than 1,300 lots will be offered in the one-day auction, with bids opening at only $2 on most lots. LiveAuctioneers.com will provide the Internet live bidding for the sale.

An exceptional Patek Philippe Geneve watch is an elite auction highlight in the timepiece category. The Patek Phillipe Company was founded in 1839 and has remained a family-owned business through four generations of Sterns since 1932. The company is, in fact, Geneva's oldest independent family-owned watch manufacturer. Patek Phillippe watches are quite exclusive, with roughly 200 models created in intentionally small production series, thereby ensuring their rarity.

The pre-owned Patek Phillippe to be auctioned by Government Auction is a simple yet classic design composed of a black leather band, steel case and white face with black Roman numerals. Another fine luxury watch in the sale is a Men's Rolex Oyster. The watch is a vintage example of stainless steel with a white face.

Included withom the multitude of fine jewelry pieces is a stunning 27.04-carat pear-cut blue sapphire and diamond ring. The ring is composed of 14K white gold with the large sapphire elevated above the band portion of the ring. The band enclosure is V-shaped to match the proportions and composition of the main sapphire and is surrounded by 1.82 carats of diamonds on the side.

In keeping with the holiday weekend’s luxury theme, Government Auction will present the gift to please any woman who favors designer brands: a Louis Vuitton "Claudia" purse. Brand new from the Louis Vuitton factory, the top-handle bag is mainly white with multicolor leather straps and corners with the “LV” signature design prominently featured as a multicolored pattern throughout. The monogram multicolor is a creation of designer Takashi Murakami, exclusively for Louis Vuitton.

For numismatics enthusiasts or gold investors, the Black Friday event includes a coveted rarity: an 1881 U.S. $10 Liberty gold coin. Known as "Eagles," coins of this type are composed of 90% gold and 10% copper, a combination that renders a deep, rich golden patina. This particular type of coin was minted from 1866-1907 in Philadelphia. The obverse features a golden-coifed Lady Liberty, while a majestic American Eagle appears on verso.

The sale’s antique category is led by Lot 47a, an antique Regina music box. This stately machine made around 1900 has an automatic 27.5-inch disc changer encased in luscious mahogany with spindle railing on top of the cabinet and carved corbels.

Other auction highlights include a 2.65-carat princess-cut diamond gemstone, an Audemars Piguet wristwatch, a Mills Hi-Top 5-cent slot machine, a National Cash Register Model 13 and more.

View a video of auction highlights at http://youtu.be/JsrPOXUTqUE .