We now have the starting point for our 490-year timeline.
The seven weeks, or 49 years (7 x 7 = 49), of the 70-week prophecy refers to the time it took to finish rebuilding Jerusalem, complete with “plaza and moat”. This takes us to the year 408 BCE.
The 62 weeks, or 434 years (7 x 62 = 434), of the 70-week prophecy follow the seven weeks so it obviously begins in 407 BCE and goes through to 27 CE. Did anything special happen in the year 27 CE? Yes. Luke Chapter 3 and Verse 1 says that it was the 15th year of the reign of Tiberius Caesar when Jesus was baptized by John the Baptist and “Messiah the Prince”, Jesus, began his ministry here on earth.
Photo by: http://www.dsmedia.org/resources/illustrations/sweet-publishing
Tiberius became co-emperor of Rome with Augustus in 13 CE, so his 15th year would bring us to 27 CE.
The angel Gabriel said that the Messiah would make a “covenant with the many for one week” (7 years). If Jesus began his ministry in 27 CE, then the covenant week ends in 34 CE. What is this covenant week? This is the last 7 years of the 70-week or 490-year, probationary period for the Hebrews. The Messiah was here on earth in person, ready and willing to make a permanent covenant with the Hebrews if they would accept him.
But in 30 CE, in the middle of the last seven years, the Jewish (Hebrew) religious and political leaders successfully schemed to have Jesus killed. Jesus was “cut off and had nothing”, separated and rejected by the chosen people, the people blessed with God’s personal attention for centuries.