The Blood of the Cross of Christ gets little "press" these days. The entire subject of the Blood is either ignored or abused in today's circles. Perhaps it is thought to be too old of a truth to have any modern value to this generation? The fact that we are purchased by His blood, and sanctified by it, renders us sacred in the eye of God. It bestows a value on us proportionate to the worth of the price of our redemption. Peter calls it "precious."