OP I have a suggestion for you that will save you a lot of money. Go to www.coinimal.com. They have just started a service of exchanging BTC for Paypal. Amounts are unlimited, you just need to e-mail the support. No verification needed. And you will also save about $50 per coin which is a lot of money!
Shdvb rate is higher than mine btw so we couldn't agree.
EDIT: I'll contact conimial to see
It's a new service but it works very well. The owner of the exchange is the user TwinwinnerD here on the forum. He is an escrow and a user here since 2012, so he is very trustworthy. This gives me confidence that even though this is a new service and a new exchange, everything will go well.