New Bern was at one time the capital of the colony of North Carolina.
Pic:

This puts the coin within the time period of the Golden Age of Piracy, which is my particular field of interest.
update: I think that the article has the date wrong on the coin. It appears to be dated from 1739, not 1730. For comparison, here is a 1730 coin found with a Google Image search:

And here is a 1739 farthing:

Update 2: The original story, posted in the News & Observer of Raleigh, NC, does note that the farthing could be from 1730 or 1739, but does not declare it unequivocally.
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