I still use my becoming classic, M73 compass. It works in all compass zones (did you know that some compasses only work in certain areas of the world? Unless they are properly jewelled to work in all 5 zones?) Note this is NOT marked in degrees, but is a 6400 Mil graduations card. There are 17 mils to one degree (fag packet maths), navigating to an accuracy of 5 Mils is perfectly possible, so that equates to navigating to 1/3rd of a degree - try doing that with a 360 graduations card, you'll be doing very well to get within 1/2 degree.
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