This is just a guess, but the FPS display appears to be "trying its best" to be accurate, and gives you an average. So, with V-sync, it is either 60 FPS or, sometimes, 30 FPS. The average over the past however-many frames gives you 59.x (or, probably with a rounding error, 60+).
Personally, I have a 10 year old Apple Cinema Display. It's only 60 hz.