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Verse 24

who his own self bare our sins in his body upon the tree, that we, having died unto sins, might live unto righteousness; by whose stripes ye were healed.

See under 1 Peter 2:25 for a list of references here to Isaiah 53. Scripture could not state more plainly the great redemptive offering of Christ for our sins on the cross. There was a time when Peter himself resented this (Matthew 16:22), but how gloriously he had learned his lesson.

In what way did Christ bear our sins? He bore the consequence of our sin, which is death itself; he suffered separation, though briefly, from the presence of God; he was numbered with transgressors; and they made his grave with the wicked and with a rich man in his death. He endured a lifetime of exposure to the outrageous opposition of evil and unscrupulous men. How have we died to sins? See note 1, at end of chapter.

By whose stripes ye were healed ... What kind of holy medicine is this, in which the physician pays the price and the sufferer receives the healing! Jesus, of course, was chastised literally; his precious body was marked with the stripes that redeemed us.

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