“Now therefore, if ye will obey my voice indeed, and keep my covenant, then ye shall be a peculiar treasure unto me above all people: for all the earth is mine:”
Now if you obey me fully and keep my covenant, then out of all nations you will be my treasured possession. Although the whole earth is mine. The condition — if you obey — frames the covenant as a relationship with terms. God is not imposing servitude; He is offering a relationship in which both parties have responsibilities. The treasured possession — segullah — is the word for a king's personal treasury, the most prized collection among all his holdings. Although the whole earth is mine means God's choice of Israel is not from poverty of options but from sovereign love. Deuteronomy 7:6 repeats this: the Lord your God has chosen you out of all the peoples on the face of the earth to be his people, his treasured possession. 1 Peter 2:9 applies this language to the church: you are a chosen people, a royal priesthood, a holy nation, God's special possession.
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