In reply to mike123:
I recently bought a Fenix 3, chosen from its contemporaries primarily for the coordinate display. I felt really stupid that I was struggling to find a 'simple' GPS watch that would give me location coordinates, but it really was tricky to identify one! It's a nice thing, and I used it a lot in the mountains this summer, but given that I already had a nice bike computer I basically only use the time, the alarm, the compass, the altimeter and the waypoint marker; it's pretty expensive just for those things in my opinion. I'm pretty sure the Fenix 2 will do all of those functions, and can probably be found cheaper now, but unfortunately a small handheld GPS unit does the coordinate and altitude thing much better, and for likely half the price.
I would note that the altimeter in the Fenix 3 (and Fenix 2 I think) is barometric rather than satellite, and will swing hugely (10s of meters) as pressure changes. I had to calibrate it (from my hand held GPS!) at least twice a day as I gained/lost altitude, or the weather changed.
I'm not cross that I own one, but it's certainly not perfect... Good luck with the hunt!