Just to close the loop on this ... after refusing to use Paypal as a private transaction because the buyer (Me) has no protection from fraud, I went searching for a solution. I did buy the bike and used escrow.com to handle the transaction. The seller told me the fee was less than Paypal would have charged him and the transaction was transparent and flawless. Communication between buyer, seller and escrow holder was mostly within the escrow platform in case there was a question later.

Premium Cycling represented the bicycle clearly and completely and I am happy with the bicycle and successful transaction. I would definitely buy another bicycle from them and use escrow.com to handle the transaction.