Woman decides not to sell virginity for $850k

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Photos posted on Elizabeth Raine's virginity auction blog. (supplied)

A 28-year-old US medical student who auctioned her virginity for over $850,000 has declined to have sex with the winning bidder.

The self-proclaimed “Virgin Whore”, who uses the pseudonym Elizabeth Raine, received bids from men around the globe including Australia after she opened the controversial auction on April 1.

Bidding closed on Wednesday night in the US with a winning offer of $US801,000 for a 12-hour date in Australia during which she would give her virginity away.

But shortly after bidding wrapped up Ms Raine announced on her blog she was backing out of her deal with the cashed-up suitor.

“I am here to tell you that the terms of the auction will not be fulfilled,” she wrote.

“With the blessings of my management and the high bidders, I have decided to put a stop to this kerfuffle (to describe it nicely) and return my focus to my medical training.”

A photo purporting to show 'Elizabeth Raine'. (supplied)

A photo purporting to show ‘Elizabeth Raine’. (supplied)

Raine described herself as 5-foot-10 and 59kg, with blonde hair and green eyes.

“And no, I am not socially awkward or cold-hearted, I am not gay (although I do sometimes think this is unfortunate), and I do not even want to get married. I am just uniquely me!” she wrote on her blog.

A series of lingerie shots were posted on her blog but other attempts to protect her real identity have prompted some to speculate the woman behind the blog is not the one in the photos.

She had previously said she would offer medical proof of her virginity and take a polygraph test.

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