GROUP BY question

Given a table like:

   Whse CustPN Price Notes

   208    34512     6.50   called to expedite on 4/2
   209    34512     7.50
   210    34512     7.00
   208    55555     2.00
   209    55555     1.50   last receiving on 4/6 was damaged

is there a way to use SQL to GROUP BY CustPN MAX(Price) and return

   208    55555     2.00
   209    34512     7.50

Dan Received on Wed Apr 18 2001 - 23:59:50 CEST