“In whom ye also trusted, after that ye heard the word of truth, the gospel of your salvation: in whom also after that ye believed, ye were sealed with that Holy Spirit of promise, which is the earnest of our inheritance until the redemption of the purchased possession, unto the praise of Hisglory” (Ephesians 1:13-14).

     It is true that a glorious inheritance awaits the children of God, but even heaven with all of its beauties is not “the purchased possession.” “The purchased possession” is a people; “the purchased possession” is us! Who are the us? All of those who were chosen to be“holy and without blame” in Christ (v. 4), accepted in Him (v. 6), redeemed by Him (v. 7) and to whom He has given the Holy Spirit (vv. 13-14) who reveals Christ; these are His “purchased possession.” Peter declared in 1 Peter 1:18-19 that “Ye were redeemed...with the precious blood of Christ.” The blessings which we enjoy were not purchased for us for they were given to us in Christ before the world was made (v. 3). “The purchased possession” is His people, spoken of by Peter as being “a peculiar people,” that is, a purchased or redeemed people. “For ye are bought with aprice: therefore glorify God in your body, and in your spirit, which are God’s” (1 Corinthians 6:20). The everlasting song of the saints in glory will be, “Thou art worthy to take the book, and to open the seals thereof: for Thou wast slain, and hast redeemed us to God by Thy blood out of every kindred, and tongue, and people, and nation” (Revelation 5:9).