"Balloon Boy" balloon auction: $1M asking price

FORT COLLINS, Colo. - The couple who sparked a sensation and frantic search when they told authorities their son had floated away in a helium balloon have made a video saying they'll auction off the inflatable to raise money for Japanese earthquake and tsunami relief.

TMZ.com posted the video in which Richard and Mayumi Heene, who lived in Fort Collins, Colo. At the time, saying they'll work with California lawyer Perry Rausher on the auction. Rausher confirmed to the Coloradoan newspaper he is working with the Heenes.

The suggested purchase price? $1 million.

The website hosting the auction is www.balloonboyflyingsaucer.com

In the video, Richard Heene refers to the balloon as a "flying saucer."

The Heenes' son wasn't inside the balloon when it floated away in 2009.

Mayumi Heene served 20 days in jail for filing a false report. Richard Heene served 30 days in jail for a felony count of attempting to influence a public servant.

Terms of their probation say they can't profit from their story until 2013.