The amount of feedback is a bit low for its age and of course the neg and neutral feedback weighs it down a bit, but the account is easily worth thousands because of its age and its (lack of) selling limits.
However, the question is would someone buy it. The problem with these super old legit accounts is that there's no guarantee that the original owner won't open a new ebay/paypal combo (as you are contemplating). That in itself isn't a bad thing, but if the original owner doesn't use proper stealth techniques (i.e. using the same IP to open that new account, or using the same information as in the old account), then the old legit account that someone bought and the new account that the original owner made will be linked. And if either account ever gets suspended/restricted, then so will the other. Then, both parties will lose out big time.
Plus you have to worry what the buyer will do with your account. If they do something illegal with it, well you know who will be liable. Additionally, there's the issue with taxes. If the buyer doesn't know what he's doing, you'll have some explaining to do to the IRS.
You can make this happen, but you need to think carefully and do research because it's not as simple as selling an item. There needs to be trust on both sides. It's best if you can sell it in person - to a business partner of sorts - that you know.
