LOS ANGELES, CA (Catholic Online) - The auction was organized by Australian filmmaker Jason Sisely, who began work on the Virgins Wanted project in 2009.

A man, 21-year-old Alex Stepanov from Sydney, also put his virginity up for sale, but only garnered £1,860. His virginity sold to Nene B from Brazil.

Migliorini will now be flown to Australia where she and Stepanov will meet the winning bidders. They will then lose their virginities in a secret location.

Migliorini justified the auction as she had not found the right person to have sex with and that taking part in the auction was "more sane" than having sex with a stranger drunk at a party.

She denies accusations of prostitution. "I saw this as a business. I have the opportunity to travel, to be part of a movie and get a bonus with it.

"If you only do it once in your life then you are not a prostitute, just like if you take one amazing photograph it does not automatically make you a photographer," she told journalists.

"The auction closed last night and Catarina is extremely excited. She was speaking to her family in Brazil online and they were extremely happy for her. But I guess they didn't expect her to do something like this," Sisely told reporters.

Migliorini says she plans to use the money to build homes for poverty-stricken families.

Under the terms and conditions of the auction, the winning bidder must have a medical examination and a police check. In addition, the winners may not be intoxicated during their time with the virgin, kiss them or involve anyone else.

They are also prohibited from recording the encounter. They are also warned not to expect to have any fantasies or fetishes fulfilled.

The minimum time the virgin must spend with the bidder is one hour and in that time "the virgin must engage in sexual intercourse with the highest bidder."

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