If the priest would with the Elevation of the sacrament do nothing other than illustrate the words, ‘This is my body,’ as if he wished to express by means of his action: Look, dear Christians, this is the body which is given for you. Thus the Elevation would not be a symbol of the sacrifice to God (as the Papists foolishly imagine) but an admonition directed toward men, to direct them to faith, particularly since he immediately elevates the bread right after speaking the words: ‘This is my body which is given for you.’”

Luther’s Works, Vol. 38, p.314