ISA CAPP case studies
ISA CAPP · Put your knowledge to work in context.
The Certified Member designation, written ISA CAPP, is described by the International Society of Appraisers as its highest credential and, in ISA's words, the highest achievement in the appraisal industry, signifying appraising expertise, professional development, and advanced skills. It sits above the Accredited Member level (ISA AM) in ISA's credential ladder, which begins with the Member level reached through Core ISA training in appraisal theory, methodology, ethics, and report-writing standards, a 15-hour USPAP course, and three or more years of market-related experience. The ISA CAPP case studies are 5 cases and about 3,615 words.
1The 400-Piece Costume Jewelry Estate and the Bulk-Value Request
An executor in Ohio retains you to appraise a 400-piece costume jewelry collection for federal estate tax. The decedent died eight months ago, and the estate did not elect alternate valuation.
775 words, about 4 min2The Charitable Donation and the Appraiser's Prior Sale
You are a generalist appraiser with a declared specialty in American paintings. A longtime client donated a 19th-century American landscape painting to a regional museum and asks you to appraise it for the donor's federal income-tax deduction.
761 words, about 4 min3Reviewing a Report with a 'Value in Place' and No Intended Use
You are engaged by counsel for an estate as a consulting expert to review an appraisal of an early 19th-century English silver tea service. The opposing report is four pages.
720 words, about 4 min4Giclée Editions and the Collapsed Print Market
The estate of a living artist's early collector includes 12 giclée prints, each 24 by 30 inches, signed and numbered from editions of 300, with certificates of authenticity. The collector paid 3,500 each in 2008.
684 words, about 3 min5Antique Firearms, State Law, and the Appropriate Market
You are appraising a 30-piece firearms collection for probate in a state that restricts the in-state sale of certain semi-automatic rifles. The collection includes 18 pre-1899 Winchesters and other antique lever-action rifles, 9 modern bolt-action hunting rifles, and 3 semi-automatic rifles that are restricted in the decedent's state but legal in neighboring states.
675 words, about 3 min