What does the Bible say about the precious blood of Christ?

The precious blood of Christ is central to the Christian faith as illustrated in 1 Peter 1:18-19, which emphasizes that believers are redeemed not by corruptible things like silver and gold but by the precious blood of Christ, who is described as a lamb without blemish and without spot. This signifies that Christ, both God and man, is the ideal sacrificial offering that fulfills the requirements of God's justice. The blood is not merely an item; it encapsulates the essence of Christ's atoning work on the cross, whereby He satisfied divine justice for the sins of His people. This sacrificial act is foreshadowed through the Old Testament sacrifices which were imperfect but pointed towards the perfect and complete sacrifice in Christ.