As reported by the FT last week, Luca Pacioli's 15th-century book that sets out the principles of double-entry went on view at Christie's London this week before it goes under the hammer. The rare medieval book has an estimated price tag of up to $1.5m.
The Summa de Arithmetica contains everything known at the time about mathematics but also acts as a practical, how-to guide to succeeding in business.
Hearing the news, I wondered whether any AccountingWEB reader is going to shell out the hefty sum for this piece of accounting history? Just think how great it would be as a conversation starter with a new client. And what office would complete without a Pacioli?
But seeing how much the double-entry tome is going to collect, there is certainly an opportunity here for an enterprising accountant.
While I am pretty confident you don't have a Pacioli squirrelled away in your office filing cabinets, you must have other treasured accounting artefacts gathering dust. Maybe an old adding machine?
So in the spirit of Pacioli's compendium, what’s the oldest accounting artefact in your office and how much would you auction it for?