There are a lot of these listed.
Fees by Amazon:
Closing fee $1.35
Listing fee $0.99
Commission 0.15 * 0.01 = 0.0015
Total fees: $2.34
Amount paid by buyer = $0.01 + $3.99 (S+H) = $4.00
Amount to seller = $4.00 - $2.34 = $2.66
Unless S+H is less than $2.66 (including costs of packaging and postage) then it really isn't rational to sell at $0.01.
The USPS shipping rates for media mail at up to 1lb is $2.38 and up to 2lbs is $2.77.
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