Take it in context with Augustine’s theology. He most certainly believed in Transubstantiation.
On the contrary MarcoPolo, I suspect you need to readjust your understanding of Augustine’s theology to take into account this clear statement by him. Do you, or do you not, agree with Augustine when he clearly indicated that eating Jesus’s flesh would be a crime or a vice? How do you reconcile that clear position from Augustine with your assertion that he held to transubstantiation? Please keep in mind that when Augustine made that statement he was well familiar with the Eucharist, he had in mind the cross of Christ, was considering John 6:53 and in that context Augustine concluded that the requirement to eat the flesh of Jesus was “therefore a figure, enjoining that we should have a share in the sufferings of our Lord, and that we should retain a sweet and profitable memory of the fact that His flesh was wounded and crucified for us.” I wholeheartedly agree with Augustine, do you?
I note you quote from Augustine’s sermon 272. Here is the full paragraph that includes your quote:
One thing is seen, another is to be understood. What you can see on the altar, you also saw last night; but what it was, what it meant, of what great reality it contained the sacrament, you had not yet heard. So what you can see, then, is bread and a cup; that’s what even your eyes tell you; but as for what your faith asks to be instructed about, the bread is the body of Christ, the cup the blood of Christ. It took no time to say that indeed, and that, perhaps, may be enough for faith; but faith desires instruction. The prophet says, you see, Unless you believe, you shall not understand (Is 7:9). I mean, you can now say to me, “You’ve bidden us believe; now explain, so that we may understand.” Some such thought as this, after all, may cross somebody’s mind: “We know where our Lord Jesus Christ took flesh from; from the Virgin Mary. He was suckled as a baby, was reared, grew up, came to man’s estate, suffered persecution from the Jews, was hung on the tree, was slain on the tree, was taken down from the tree, was buried; rose again on the third day, on the day he wished ascended into heaven. That’s where he lifted his body up to; that’s where he’s going to come from to judge the living and the dead; that’s where he is now, seated on the Father’s right.
How can bread be his body? And the cup, or what the cup contains, how can it be his blood?” The reason these things, brothers and sisters, are called sacraments is that in them one thing is seen, another is to be understood. What can be seen has a bodily appearance, what is to be understood provides spiritual fruit.
So if you want to understand the body of Christ, listen to the apostle telling the faithful, You, though, are the body of Christ and its members (1 Cor 12:27). So if it’s you that are the body of Christ and its members, it’s the mystery meaning you that has been placed on the Lord’s table; what you receive is the mystery that means you. It is to what you are that you reply Amen, and by so replying you express your assent. What you hear, you see, is The body of Christ, and you answer, Amen. So be a member of the body of Christ, in order to make that Amen true.
If one reads the whole paragraph and not just the piece that you quoted, one sees that Augustine is in fact saying:
The bread = Jesus’s body = believers = the bread on the Lord’s table.
Augustine is not saying that Jesus’s body is really on the Lord’s table and that the participant eats Jesus’s body any more than he is saying that the believers (who he is addressing) are really on the Lord’s table and that they are eating themselves.