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Pierce was platted in 1871, and a courthouse was erected that same year. [5] Like Pierce County, the name honors President Franklin Pierce. [6] [7]The city became a point of international interest in 2013 due to the Lambrecht auto auction, at which nearly 500 classic cars were put up for sale.
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The generalized second-price auction (GSP) is a non-truthful auction mechanism for multiple items. Each bidder places a bid. The highest bidder gets the first slot, the second-highest, the second slot and so on, but the highest bidder pays the price bid by the second-highest bidder, the second-highest pays the price bid by the third-highest, and so on.
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Pierce County is a county in the U.S. state of Nebraska. As of the 2020 United States Census, the population was 7,317. [1] Its county seat is Pierce. [2] The county was formed in 1859, and was named for US President Franklin Pierce. [3] [4] Pierce County is part of the Norfolk, NE Micropolitan Statistical Area.