The following bug has been logged on the website:
Bug reference: 8718
Logged by: Richard Savio
Email address: richcocoa(at)gmail(dot)com
PostgreSQL version: 9.3.2
Operating system: Arch Linux 3.12.16 Linux kernel
Description:
If you create a column with serial data type, it is created as an INTEGER
field but the sequence used to auto-increment the field has a limit only
suitable for BIGINT, so it may result in out of range errors.