Yes, its highly accurate - but my impression is that its above average for quartz, but not an order of magnitude better, even for basic quartz. Most people never even bother checking the accuracy of their quartz watches between the times the clocks change. I had a cheap Pulsar which I abandoned - when I rediscovered it a few years later (not sure how many - probably 3, but I can't be sure), it had only gained a minute in that time.