Redeemed by the precious blood of Christ
You know that you were not redeemed with corruptible things, as silver and gold, from your vain life received by tradition from your fathers, but with the precious blood of Christ, as of a Lamb without blemish and without spot. 1 Peter 1:18,19
We have been redeemed, yes, redeemed by Christ from all sins, from death, and from the power of the devil. Hallelujah! But with what has Christ redeemed us? Not with gold and silver, but with His holy, precious blood and with His innocent suffering and death. How are we to understand this? Thus: With His holy, precious blood and with His innocent suffering and death Christ has rendered satisfaction for us, has paid the penalty of our guilt, has suffered our punishment required by God's righteousness. Hence we are free from the guilt of sin, and God declares us guiltless. Hence we are free from death, the penalty of sin, and God gives us life. Hence we are free from the power of the devil, and God receives us as His children. We are redeemed. What does Scripture say? It says: "He (God) has made Him to be sin for us who knew no sin, that we might be made the righteousness of God in Him." And it says: "Surely, He has borne our griefs and carried our sorrows; yet we esteemed Him stricken, smitten by God and afflicted. But He was wounded for our transgressions, He was bruised for our iniquities; the chastisement of our peace was upon Him, and with His stripes we are healed." (2 Cor.5:21; Is.53:4,5.) And in raising Christ, God declared before heaven and earth and hell that Christ has in reality and truly redeemed us from all sins, from death and from the power of the devil, with His holy, precious blood and with His innocent suffering and death.
PRAYER: - My Lord and Saviour, let me never forget how dearly it cost You to redeem me. But God has accepted the purchase-price and has considered it sufficient and has raised You from the dead, O my Saviour. Thanks, thanks be to You, Lord Jesus, for Your holy, precious blood and for Your innocent suffering and death. Give to me the spirit of faith, that I may rejoice in the knowledge that Your resurrection is my salvation. Amen.