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Actually, stuff like Rolex (genuine) is jewellery, not a timepiece. A Casio digital can time anything in any timezone more precisely down to 1/100th sec. than any Rolex, if it's time and timing that's the concern. No-one can read so-called chronometer hour and minute and second hands that precisely as digital. However, wearing an instrument with digital numbers on one's wrist is neither sexy nor classy. So stuff like Rolex retains they're appeals and premiums. It's not the time that matters, whatever precision timepiece engineering claimed. You can't read it preciously anyway.