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What does the Bible say about the lost sheep and lost coin parables?

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The lost sheep and lost coin parables illustrate God's pursuit of His elect, showing that all souls belong to Him.

The parables of the lost sheep and the lost coin, found in Luke 15, emphasize God's ownership over all souls and His relentless pursuit of the elect. In these parables, the shepherd and the woman both represent God's active role in seeking and saving those who are lost. It is underscored that all creation belongs to Him, reaffirming the doctrine of divine sovereignty as seen in Psalm 24:1, which states that the earth and everything in it belongs to the Lord. Through the symbolism of these lost items, we are reminded of the great value God places on each soul, viewing them as precious despite their state of lostness.
Scripture References: Luke 15:8-10, Psalm 24:1

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