This may help: "users should not derive metadata from the URI itself". (From Hao He, "Implementing REST Web Services: Best Practices and Guidelines", http://www.xml.com/pub/a/2004/08/11/rest.html)
That implies that the number or codes in the URIs used by your RESTful service to identify unique, individual sensor readings should not correspond to a physical numbering or coding scheme used by those readings. That's because that scheme could well change later on, or the service might need to support multiple numbering or coding schemes for such data.
One more followup (sign): According to Roy T. Fielding, it *can* be useful to have meaningful resource hierarchies, so the suggestion to not use specific codes for sensors in URIs is not meant to generally discourage that practice. According to his quote, cited on the RestWiki:
"REST does not require that a URI be opaque. The only place where the word opaque occurs in my dissertation is where I complain about the opaqueness of cookies. In fact, RESTful applications are, at all times, encouraged to use human-meaningful, hierarchical identifiers in order to maximize the serendipitous use of the information beyond what is anticipated by the original application."