Cost of Any Article
Besides the usual elements which contribute to constitute the price of anything, there exists another which varies greatly in different articles. It is this—
The cost and difficulty of verifying the fact that the article is exactly what it professes to be.
This is in some cases very small; but in many instances it is scarcely possible for the purchaser to verify the genuineness of certain articles. In these cases the public pay a larger price than they otherwise would do to those tradesmen whose character and integrity are well established.