I'd suggest a book called "First Impression", which discusses in brief styles of seal bead in different historical period. The book did talk a little about the tools and indicated that a cutting wheel was used by Kassite Babylonian (1500BC) and a drill or tubular drill was used much earlier. It appears that during the same period Chinese were using cutting wheel to do jades (I heard from some collector that the cutting wheel was driven by foot at that time, but the saying is not of 100% credit).
The trail left by an old cutting wheel has different appearance compared to those left by a modern electrical driven one. I'll try post some picture here later for comparison. However one thing we need to bear in mind is that forger always keeps improving their technique, so the proof we use today may not be effective tomorrow.