Hekte

Kyzikos, positioned on the Propontis with direct access to both Black Sea trade routes and Aegean markets, became one of the ancient world's most prolific producers of electrum coinage. The city's hektai circulated far beyond local use — hoards have turned up across the Greek world, into Thrace, and deep into Anatolia, functioning more as a trusted trade currency than a civic issue. Kyzikene electrum was so widely accepted that it maintained a premium even in markets that issued their own coinage.

Von Fritze's classification of this type places it among the earlier issues, when the natural electrum alloy was drawn from local Propontic sources with relatively high gold content.