He responded last night explaining his situation, which I hope is honest. He asked me what items I paid for (really odd since he said he had packaged them). Apart from this art piece he has said there would be one original book illustration of a dinosaur and 2 TMNT comics. I think that is fair, but I am dissatisfied with his methods of selling. I'm going to give him a few more days to sort it out, but I demanded proof of postage or I open a case.
I'll advice anyone else dealing with this person to do so with caution until he has proven he can handle a trade, if I were in his shoes I would have postponed any such activity til I've gotten all personal issues sorted.