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December 7

1 Peter 1:18-19

18 For you know that you were redeemed from your empty way of life inherited from your fathers, not with perishable things like silver or gold, 19 but with the precious blood of Christ, like that of an unblemished and spotless lamb. — 1 Peter 1:18-19

Your Money Is No Good Here

by Mitch Simpson
Avenue South Campus

In this age of technology where you can pay with Venmo, Paypal, ApplePay or some other cashless transaction, we are clearly seeing that cash is no longer king. Currency of all types has a limited value and life expectancy, even silver and gold. We are reminded of this in Peter’s writings as he notes “...not with perishable things like silver or gold” (v18).

Gold and silver are both precious metals. They are naturally occurring minerals that are mined from the earth. They can’t be manufactured or man-made, there is a finite quantity of them throughout the world, and they do not naturally decay or rot. In a sense, they seem to be imperishable.

However, they are imperishable only by earthly standards. Peter states his belief in the finite quality of gold earlier in this chapter when he states “more precious than gold that perishes though it is tested by fire”(v7 ESV). Peter knew that while silver and gold (especially coins made from them) were a common currency, they were not everlasting. The value of silver and gold is only relevant while on earth.

Your redemption from your “empty way of life” is worth so much more that it could only be purchased with an eternal currency. So what has enough value that it can pay for your purchase out of slavery to sin and death? What is worthy enough to pay the cost for your eternal life? The only thing worthy enough to pay your ransom is the “precious blood Christ, like that of a lamb without defect or blemish” (v19).

When I read these verses, I thought of the phrase, “Your money is no good here.” It can have a couple of meanings. It can mean the currency you are using has no value at this location, such as standing in the “credit card only” line when you are wanting to pay with cash or—as it typically means—your meal or your service is complimentary. Not that it is free, but that the cost has been paid by someone else.

That is what Christ did for us. He paid the price, because only He is worthy to pay an eternal price for an eternal gift. Silver and gold are earthly, and while they have a significant value, they can’t pay the price for your salvation. There is only One who is worthy of that. Your money is no good here!


  1. As you are rushing about this holiday season and putting a value on the gifts you are giving to people you love, have you thought about the value God put on your life?
  2. The next time you go to pay for something, pause a moment to think about the price that was paid for you. While the gift is free to you, it had an eternal cost, paid with the only currency that could pay for an eternal gift.