Kept encountered this while running my bot and took me a while to track down the cause. If you edit a Wikidata item locally (e.g. setTarget for an arbitrary claim on the item), and then call method item.editEntity(summary='edited arbitrary claim') you will get the following error if there's an existing coordinates claim on the item with no precision specified.
[messages: [{'name': 'wikibase-validator-missing-field', 'parameters': ['precision'], 'html': {'*': 'Missing required field "precision"'}}]Example items where this is true:
Q49208
Q465071
Q317032
Q374058