How about a non-wikipedia source?
I remember reading somewhere (ages ago) that one of the earliest ways it was computed involved a wheel and a flat surface, like a beach or field:
A line is marked on the ground as the starting point (so you know where you began)
A tick mark is made on the face of the wheel, near the edge, where the wheel sits on the starting line (so you know where the circumference starts)
Roll the wheel along the beach, making a mark in the sand where the tick mark touches the ground.
Lay the wheel on the starting line, with an edge touching the starting line, and the greatest diameter of the wheel laying squarely over the track of the wheel left from the rolling step. Make a mark on the track where the opposite side of the wheel's edge touches the track.
move the wheel to the new mark, and repeat.
Keep laying the wheel along the track until the edge of the wheel lines up with one of your rotational marks. Know where they're going to line up?
Obviously, the longer your track, the greater the resolution of your fraction.