Mysterious DB reset - Mailing list pgsql-general

This morning my boss e-mailed me, complaining that only a couple of aircraft were showing up in the list (SELECT distinct(tail) FROM data being the command that populates the list). Upon looking at the data I saw that it only went back to 4am this morning, rather than the week I was expecting. My first thought was "Oh, I must have a typo in my cleanup routine, such that it is deleting all records rather than only those a week old, and it's just that no one has noticed until now". So I looked at that, but changing the delete to a select appeared to produce the proper results, in that no records were selected:

DELETE FROM data WHERE pointtime<now() AT TIME ZONE 'UTC'-interval '7 days';

Then I noticed something even more odd. My database has an id column, which is defined as a SERIAL. As we all know, a serial is a monotonically increasing number that is not affected by deletes. However, the oldest record in my database, from 4am this morning, had an id of 1. Even though I KNOW there was data in the system yesterday. Even if my DELETE command was wrong and deleted ALL records, that shouldn't have reset the SERIAL column to 1! I also know that I have not been in the database mucking around with the sequence value - to be completely honest, I don't even know the exact command to reset it - I'd have to google it if I wanted to.

Also odd is that my cleanup script runs at 1am. I have records of there being new data in the database up to 3:51am, but the oldest record currently in the DB is from 4:45am (as specified by the default of now() on the column). So I know records were added after my delete command ran, but before this reset occurred.

So my question is, aside from someone going in and mucking about in the wee hours of the morning, what could possibly cause this behavior? What sort of event could cause all data to be deleted from the table, and the sequence to be reset? Especially while there is an active connection? Thanks for any ideas, however wild or off the wall :-)