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I've done a few trades on various things, I always check out the guy, which you have done, if he passed I would advise you to insure your stuff and have him do the same. This wasy there can be not "it must have been lost in the mail" excuses. That should make it safe enough, though the fact that he refused the 3rd party thing does seem a bit odd. It the end, it all comes down to a certain amount of risk, just make sure that the trade is documented.
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