Beer hits $707 a bottle

man with beer in front of enlarged dollar bill

Story Published: May 13, 2008 at 6:59 PM PDT

By Associated Press

PORTLAND, Ore. (AP) - The price of beer went up sharply over the weekend in Oregon, hitting $707 a bottle - for medical research.

Portland brewer Alan Sprints donated five 12-ounce bottles of his 1994 Hair of the Dog Dave to the charity auction for Parkinson's disease research.

The bottles sold for prices ranging from $478 to $707 during the rare beer auction that raised $15,000 in honor of British writer and journalist Michael Jackson, who died last year of a heart attack after suffering from Parkinson's.

Jackson was the author of several books on beer and whiskey.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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