A 22-year-old woman who is auctioning off her virginity told "The Tyra Banks Show" in New York that she is 100 percent serious about the auction.

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Natalie Dylan said during an interview scheduled to air Monday that she "wanted to study the dichotomous nature between virginity and prostitution. There's really been so few case studies of it ... I stumbled upon this article of a Peruvian woman who wanted to sell her virginity and she was offered and exorbitant amount of cash... $1.5 million."

Dylan, who said she wants to pursue a career as a sex therapist, said many people have misconceptions about virginity.

"I think people misconstrue virginity with being prudes. I'm definitely not; I'm very open-minded to what they want to do ... I think this is about being pro-choice with your body," she said.

The college graduate said she has received bids ranging from $1 million to $3.8 million from more than 5,000 men.

"It's not like an eBay auction... I don't have to take the highest bidder. I'm taking time to get to know the guys. We contact each other back and forth," she said. "I completely plan on following through with this act."