How Rich a Treasure We Possess
By Isaac Watts (1707)
Lyrics
How rich thy bounty, King of grace!
This world is ours, and worlds to come;
Earth is our lodge, and heav'n our home.
The purchase of a Savior's blood;
While the good Spirit shows us how
To use, and to improve them too.
They help me, Lord, to speak thy praise;
If bread of sorrows be my food,
Those sorrows work my lasting good.
For all the world calls good or great;
And while my faith can keep her hold,
I envy not the sinner's gold.
Thou shalt divide my portion still;
Grant me on earth what seems thee best,
Till death and heav'n reveal the rest.
Bible Reference
Psalm 19:7-11; Proverbs 2:1-6; Colossians 3:16; 2 Timothy 3:15-17
Lectionary & readings
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Hymn scripture: Psalm 19:7-11; Proverbs 2:1-6; Colossians 3:16; 2 Timothy 3:15-17
About This Hymn
How Rich a Treasure We Possess is a hymn by Isaac Watts first published in 1707 in his collection Hymns and Spiritual Songs, Book II. The hymn is a joyful and reverent meditation on the immeasurable value of Holy Scripture. Watts presents the Word of God as a spiritual treasure far surpassing earthly wealth, emphasizing its power to instruct, convert, comfort, and guide the believer in every stage of life.
The hymn draws heavily from Psalm 19:7-11, where the law of the Lord is described as perfect, sure, right, and more precious than gold. Watts echoes this biblical language by portraying Scripture as a storehouse of divine wisdom that enriches the soul. The treasure spoken of is not material prosperity but the saving and sanctifying truth God has revealed to His people. This aligns with Proverbs 2:1-6, which calls believers to seek wisdom as silver and hidden treasure.
A major theological emphasis of the hymn is the sufficiency and clarity of Scripture. Watts affirms that the Bible reveals God’s will, exposes human sin, and leads sinners to Christ. In harmony with 2 Timothy 3:15-17, the hymn presents Scripture as able to make one wise unto salvation and thoroughly equip the believer for godly living. The Word is shown not merely as information but as a living means by which God works grace in the heart.
The hymn also reflects a deep pastoral concern. Watts highlights the comforting role of Scripture in times of sorrow and trial, showing how God’s promises sustain faith when circumstances are dark. Colossians 3:16 is reflected in the call for the Word of Christ to dwell richly in the believer, shaping worship, doctrine, and daily obedience.
How Rich a Treasure We Possess stands as a strong example of Watts’s contribution to evangelical hymnody. It teaches the church to value Scripture as God’s precious gift, to read it with reverence and delight, and to trust it as the ultimate guide for faith and life. The hymn remains especially fitting for services that emphasize the authority, sufficiency, and beauty of God’s Word.
From the Dictionary of Hymnology
Related terms and concepts automatically matched to this hymn.
All ye that [who] love the Lord, rejoice Hymn
Isaac Watts’s paraphrase of Psalm cxlix., from his Psalms of David, 1719, titled “Praise God, all His saints; or, The Saints judging the World.” Most collections omit its final stanzas.
Read moreCome, let us join our cheerful songs Hymn
One of Watts’s best-known hymns (1707/1709) on Revelation 5 usually appears in four stanzas omitting “Let all that dwell above the sky”; Bingham supplies a Latin version.
Read moreCome, we that love the Lord Hymn
Isaac Watts’s “Heavenly Joy on Earth” (1707/1709), ten stanzas. Wesley’s Charlestown form (1736–7) and Cotterill’s “Come ye who love the Lord” (1819) head the many altered texts in later books.
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