Hekte

Mytilene and Miletos operated a joint electrum coinage for centuries, with hektes struck in matched pairs under treaty — one city's obverse type paired with the other's on the reverse. The arrangement was commercially pragmatic: electrum's variable gold-to-silver ratio made consistent valuation difficult across markets, and a recognized bilateral issue reduced that friction on Aegean trade routes. Bodenstedt 62 falls within the period just before the catastrophic Mytilenean revolt against Athens in 428–427 BC, after which the city's economic and political autonomy was severely curtailed.