I tried this at home and it turns out that easily available GPS devices have huge amounts of error, especially without unobstructed line of sight like in woods. I left a phone on a stump recording a walking trail, and it wandered around multiple tens of meters. There is value in what the surveyors do :) Although I guess they would use markers like this as references, so unless they crosscheck with multiple markers and fancy GPS they could make mistakes too.
Edit: and the whole while the GPS receiver is reporting a misleading "5ft" or similar accuracy.