It's at your own risk, I sold my old account and used the Trade Fed guys as a mediator to make sure it all went smoothly. Obviously they take a small cut, are they still around?
Do you and the seller have a mutual contact who you both trust? It's easy for someone to scam, and understandable why one side won't trust the other...if there's no escrow service now I'd say someone should get one started again.
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