1 Peter 1:18 (ASV)

Passage

knowing that ye were redeemed, not with corruptible things, with silver or gold, from your vain manner of life handed down from your fathers;

Nearby Context

1 Peter 1:16 because it is written, Ye shall be holy; for I am holy.

1 Peter 1:17 And if ye call on him as Father, who without respect of persons judgeth according to each man`s work, pass the time of your sojourning in fear:

1 Peter 1:18 knowing that ye were redeemed, not with corruptible things, with silver or gold, from your vain manner of life handed down from your fathers;

1 Peter 1:19 but with precious blood, as of a lamb without spot, [even the blood] of Christ:

1 Peter 1:20 who was foreknown indeed before the foundation of the world, but was manifested at the end of times for your sake,

Study Lenses

The verse centers on "knowing", "redeemed", "corruptible", "things", "silver", "gold", "vain", and "manner". It is saying that the verse draws attention to "knowing" and "redeemed", so its meaning should be read from those terms before moving to application.

The nearby context moves from verse 17's "And if ye call on him as..." into verse 19's "but with precious blood as of a...", so "knowing" and "redeemed" belong inside that flow. In 1 Peter context, the local focus is hope in suffering, holy conduct, submission, and grace.

A plain takeaway is to answer the verse's own emphasis on "knowing" and "redeemed" with trust shaped by these words, not by a vague optimism outside the passage.