Well, considering there are 86,400 seconds in a day, being +/- 60 seconds isn't anything alarming. Check out this thread if you're interested in regulating your watch (
https://www.rolexforums.com/showthread.php?t=309355).
We don't buy mechanical watches because of their high accuracy - we buy them because they are mechanical engineering marvels.
Buying a quartz/battery watch is like buying a tesla over a bmw - there is appeal to having a lightning quick 0-60 (or dead accurate watch) but the mechanics behind a petrol engine (or an automatic watch) is what draws us to the brand.