The Price God Paid for You — 1 Peter 1:17-21
The Daily + Weekly by Vince Miller
Release Date: 08/21/2026
The Daily + Weekly by Vince Miller
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Go ahead and pick up your 1 Peter Scripture Journal now.
Our text today is 1 Peter 1:17-21:
And if you call on him as Father who judges impartially according to each one's deeds, conduct yourselves with fear throughout the time of your exile, knowing that you were ransomed from the futile ways inherited from your forefathers, not with perishable things such as silver or gold, but with the precious blood of Christ, like that of a lamb without blemish or spot. He was foreknown before the foundation of the world but was made manifest in the last times for the sake of you who through him are believers in God, who raised him from the dead and gave him glory, so that your faith and hope are in God. — 1 Peter 1:17-21
Everything has a price.
A house has a price. A car has a price. A business has a price. In many ways, our world determines value by what someone is willing to pay.
Peter uses that same idea to help believers understand the greatness of their salvation. He reminds them that they were redeemed—not with silver or gold, but with the precious blood of Christ.
To Peter's audience, silver and gold represented wealth, security, and lasting value. Yet Peter says even the most valuable things in this world could never purchase what God has given His people.
The word "redeemed" would have been familiar in both Jewish and Roman culture. It was used when a slave was purchased and set free. A price was paid so someone could be released from bondage.
That is the image Peter wants believers to see. Before Christ, they were captive to sin, living according to what Peter calls "the futile ways inherited from your forefathers." They were trapped in patterns, desires, and beliefs that could never save them. No amount of wealth, effort, religion, or morality could free them.
So God paid the price himself. Not with money. Not with possessions. Not with anything that fades or perishes. With his Son!
Peter describes Christ as a lamb without blemish or spot, drawing from the sacrificial system that had shaped Israel's story for centuries. Every Passover lamb pointed forward to a greater sacrifice. Every altar anticipated a day when God Himself would provide the Lamb who would take away the sin of the world. What generations anticipated, Peter witnessed. He walked with Jesus, heard His teaching, and watched Him suffer. He saw the nails, the cross, and the blood that was shed.
When Peter writes about the precious blood of Christ, he is not describing an abstract doctrine. He is describing a sacrifice he witnessed firsthand.
Yet Peter takes us even deeper.
He says Christ was foreknown before the foundation of the world. Redemption was never God's backup plan. Before creation, before sin entered the world, before Adam and Eve fell, God already knew what it would cost to rescue His people. The cross was not a reaction. It was not Plan B. It was part of His eternal plan. Plan A.
That truth should humble us and give us confidence.
Brother and sister, your salvation rests on something far greater than your performance. It rests on the finished work of Christ and the eternal purposes of God.
This is why Peter brings suffering believers back to the Cross. When life becomes difficult, it is easy to question God's love, his care, or his commitment to us. But the Cross answers those questions and doubts.
God's loving plan is not measured by your circumstances. It is measured by the price he was willing to pay. And that price was the blood of His Son.
Before you question your worth, remember what it cost to redeem you. Before you doubt God's commitment to you, remember the cross. And before you place your confidence in anything this world offers, remember that silver and gold will one day perish.
But what Christ purchased with His blood will last forever.
DO THIS:
Spend a few moments thanking Jesus specifically for His sacrifice. Reflect on what it means that your salvation was purchased at such a great cost.
ASK THIS:
- What am I tempted to place my value in besides Christ?
- How does the cost of redemption change the way I view my salvation?
- What does the cross teach me about God's love and commitment to me?
PRAY THIS:
Father, thank You for redeeming me through the precious blood of Jesus Christ. Help me never take lightly the sacrifice that secured my salvation. Teach me to place my confidence in Christ alone and to live each day in gratitude for what You have done. Amen.
PLAY THIS:
"Fountains + Came To My Rescue"