Not Silver or Gold

...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. 1 Peter 1


The blood of Christ (v. 19) is the ransom price paid for our life, and this blood is contrasted with the less valuable silver and gold that might have been paid. And the reason silver and gold are less valuable is that they are “perishable.” Verse 18: “not with perishable things such as silver or gold.”
So again the point is that the new life that Jesus ransoms with his blood is not in danger of going back into captivity, because the price he pays for our new life (our new birth) is not perishable.

The blood of Christ is of infinite value, and therefore, its value never runs out. It is an imperishable value. That is how we are ransomed. That’s the price of the new life we receive in the new birth. And Jesus paid it for us. 


(Finally Alive- Piper)