In reply to moonraker:
It would appear to me, from all your answers, that you all need a lesson in the correct use of a map and compass. Learn the difference between True and Magnetic North. Check the date of your map, check the magnetic variation for that year - and the current year. Find a suitable spot to 'swing' your compass.
During my working life I relied on a 100-year-old ship's compass for my regular fishing trips up in the Arctic Circle and beyond. I use that same compass here in the Southern Hemisphere with no problems at all. Just plain and simple navigation.
Dumping old compasses? Pah.