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In Mathworld's "Pi Approximations", (line 58), Weisstein mentions one by the mathematician Daniel Shanks that differs by a mere $10^{-82}$,

$$\pi \approx \frac{6}{\sqrt{3502}}\ln(2u)\color{blue}{+10^{-82}}\tag{1}$$

and says that $u$ is a product of four simple quartic units, but does not explicitly give the expressions. I managed to locate Shanks' Dihedral Quartic Approximations and Series for Pi (1982) Quartic Approximations for Pi (1980) online before so,

$$u = (a+\sqrt{a^2-1})^2(b+\sqrt{b^2-1})^2(c+\sqrt{c^2-1})(d+\sqrt{d^2-1}) \approx 1.43\, \text{x}\, 10^{13}$$

where,

$$\begin{aligned} a &= \tfrac{1}{2}(23+4\sqrt{34})\\ b &= \tfrac{1}{2}(19\sqrt{2}+7\sqrt{17})\\ c &= (429+304\sqrt{2})\\ d &= \tfrac{1}{2}(627+442\sqrt{2}) \end{aligned}$$

(Remark: In Shank's paper, the expressions for $a,b$ are different since he didn't express them as squares.)

A small tweak to $(1)$ can vastly increase its accuracy to $10^{-161}$,

$$\pi \approx \frac{1}{\sqrt{3502}}\ln\big((2u)^6+24\big)\color{blue}{+10^{-161}}\tag{2}$$

I noticed the constant $u$ can also be expressed in terms of the Dedekind eta function $\eta(\tau)$ as,

$$u = \frac{1}{2}\left(\frac{\eta(\tfrac{1}{2}\sqrt{-3502})}{\eta(\sqrt{-3502})}\right)^4\approx 1.43\, \text{x}\, 10^{13}$$

which explains why $24$ improves the accuracy. Note that the class number of $d = 4\cdot3502$ is $h(-d)=16$, and $u$ is an algebraic number of deg $16$. Mathworld has a list of class numbers of d. However, we can also use those with $h(-d)=8$ such as,

$$x = \frac{1}{\sqrt{2}}\left(\frac{\eta(\tfrac{1}{2}\sqrt{-742})}{\eta(\sqrt{-742})}\right)^2 \approx 884.2653\dots$$

which is a root of the 8th deg,

$$1 + 886 x + 1535 x^2 + 962 x^3 + 1628 x^4 - 962 x^5 + 1535 x^6 - 886 x^7 + x^8 = 0$$

Question: Analogous to $u$, how do we express $x$ as a product of two quartic units?

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Shanks' cited paper 'Dihedral...' (accessible for guests) and a follow up with Newman ’On a sequence arising in series for pi'. –  Raymond Manzoni Oct 5 '13 at 9:21
    
Thanks. This paper is longer than I remembered and I just realized what I found before was the shorter Quartic Approximations for Pi. Curious that Shanks does not mention the connection to the eta quotient. –  Tito Piezas III Oct 5 '13 at 17:19
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