Are miner cut diamonds worth more than diamonds now?

Napoleon I Diamond Necklace
A friend of a friend says the ring their fiancee is giving them is quite expensive because it has "miner" cut diamonds. Is this true?

It's "old mine cut."

This cut of diamond was prevalent in the 1800's up until the time in which the Old European cut diamond took over. Vintage stones can be worth more that modern cuts--not so much because of the cut as it is because of the quality of the stone. A very well cut Old Mine Cut stone is quite brilliant. Lots of diamonds that are faceted and set these days would have been put in drill bits years ago. The modern cuts have been developed to take full advantage of the diamond's natural refractive characteristics.

Vintage cuts used to be a disadvantage (and sometimes still is) when valuing a diamond, but in recent years, antique cuts and ring mounts have become a popular choice for engagement rings. This new market drives the pricing of old diamond rings. Your friend's ring is probably comparable in price to a modern ring with the same diamond weight.

There are some beautiful old mine cut on eBay right now. Have a look:

 Rare GIA Certified 0.67CT Old Mine Cut Diamond Antique I Color VS2 Vintage
Rare GIA Certified 0.67CT Old Mine Cut Diamond Antique I Color VS2 Vintage
$1,395.00
Time Remaining: 11h 35m
Buy It Now for only: $1,395.00
2.25 carat old miner old mine cut loose diamond H/I VS1
2.25 carat old miner old mine cut loose diamond H/I VS1
$9,288.00
Time Remaining: 13h 12m
Buy It Now for only: $9,288.00
3.01 Ct. H/I VS1 loose diamond old miner old mine cut
3.01 Ct. H/I VS1 loose diamond old miner old mine cut
$14,472.00
Time Remaining: 15h 8m
Buy It Now for only: $14,472.00
1.51 carat old miner old mine cut loose diamond
1.51 carat old miner old mine cut loose diamond
$4,786.00
Time Remaining: 15h 44m
Buy It Now for only: $4,786.00
Old miner old mine cut loose diamond 2.51 carat diamond
Old miner old mine cut loose diamond 2.51 carat diamond
$10,800.00
Time Remaining: 19h 9m
Buy It Now for only: $10,800.00
1.25 ct. G/H VS1 old miner old mine cut loose diamond
1.25 ct. G/H VS1 old miner old mine cut loose diamond
$3,569.00
Time Remaining: 20h 58m
Buy It Now for only: $3,569.00
2.01 carat old miner old mine cut loose diamond
2.01 carat old miner old mine cut loose diamond
$7,754.00
Time Remaining: 1d 13h 37m
Buy It Now for only: $7,754.00
1.18c ANTIQUE OLD MINE CUSHION IDEAL CUT DIAMOND J SI1 EGL-USA CERTIFIED VINTAGE
1.18c ANTIQUE OLD MINE CUSHION IDEAL CUT DIAMOND J SI1 EGL-USA CERTIFIED VINTAGE
$3,095.00
Time Remaining: 1d 13h 37m
Buy It Now for only: $3,095.00
1.28c I VS2 EGL-USA CERTIFIED ANTIQUE OLD MINE CUT CUSHION DIAMOND VICTORIAN 7MM
1.28c I VS2 EGL-USA CERTIFIED ANTIQUE OLD MINE CUT CUSHION DIAMOND VICTORIAN 7MM
$3,650.00
Time Remaining: 1d 13h 37m
Buy It Now for only: $3,650.00
0.73CT RARE ANTIQUE G VS1 OLD MINE CUT CUSHION DIAMOND EGL-USA CERTIFIED VINTAGE
0.73CT RARE ANTIQUE G VS1 OLD MINE CUT CUSHION DIAMOND EGL-USA CERTIFIED VINTAGE
$1,925.00
Time Remaining: 1d 14h 6m
Buy It Now for only: $1,925.00
ANTIQUE 3/4 CARAT H VS1 OLD MINE CUT DIAMOND EGL-USA CERTIFIED VICTORIAN CUSHION
ANTIQUE 3/4 CARAT H VS1 OLD MINE CUT DIAMOND EGL-USA CERTIFIED VICTORIAN CUSHION
$1,795.00
Time Remaining: 1d 14h 6m
Buy It Now for only: $1,795.00
ANTIQUE 1.2ct J Si1 OLD MINE CUT DIAMOND EGL-USA CERTIFIED LOOSE CUSHION VINTAGE
ANTIQUE 1.2ct J Si1 OLD MINE CUT DIAMOND EGL-USA CERTIFIED LOOSE CUSHION VINTAGE
$3,295.00
Time Remaining: 1d 14h 6m
Buy It Now for only: $3,295.00
Old mine 2 carat loose diamond old miner cut     FG11087
Old mine 2 carat loose diamond old miner cut FG11087
$7,322.00
Time Remaining: 1d 15h 39m
Buy It Now for only: $7,322.00
Big 2.51 carats old mine cut loose diamond     FG11090
Big 2.51 carats old mine cut loose diamond FG11090
$10,800.00
Time Remaining: 1d 18h 30m
Buy It Now for only: $10,800.00
VINTAGE 1/2ct OLD EUROPEAN MINE CUT DIAMOND K-L VS2 LOOSE ROUND ANTIQUE 0.52ct
VINTAGE 1/2ct OLD EUROPEAN MINE CUT DIAMOND K-L VS2 LOOSE ROUND ANTIQUE 0.52ct
$625.00
Time Remaining: 1d 18h 37m
Buy It Now for only: $625.00
VINTAGE 3/4 CARAT OLD EUROPEAN CUT DIAMOND J VS2 EGL-USA CERTIFIED MINE ANTIQUE
VINTAGE 3/4 CARAT OLD EUROPEAN CUT DIAMOND J VS2 EGL-USA CERTIFIED MINE ANTIQUE
$1,150.00
Time Remaining: 1d 20h 6m
Buy It Now for only: $1,150.00
1 CARAT 1800s ANTIQUE CUSHION CUT DIAMOND OLD MINE CUT EGL-USA CERTIFIED K VS1
1 CARAT 1800s ANTIQUE CUSHION CUT DIAMOND OLD MINE CUT EGL-USA CERTIFIED K VS1
$2,595.00
Time Remaining: 1d 20h 7m
Buy It Now for only: $2,595.00
GIA CERTIFIED 1ct VS1 VINTAGE OLD EUROPEAN CUT DIAMOND MINE ANTIQUE ART DECO 20s
GIA CERTIFIED 1ct VS1 VINTAGE OLD EUROPEAN CUT DIAMOND MINE ANTIQUE ART DECO 20s
$1,895.00
Time Remaining: 1d 20h 7m
Buy It Now for only: $1,895.00
GIA CERTIFIED G VS2 OLD EUROPEAN CUT DIAMOND ANTIQUE ART DECO VINTAGE 0.64 MINE
GIA CERTIFIED G VS2 OLD EUROPEAN CUT DIAMOND ANTIQUE ART DECO VINTAGE 0.64 MINE
$1,595.00
Time Remaining: 1d 20h 7m
Buy It Now for only: $1,595.00
1.23ct F SI2 CERTIFIED VINTAGE OLD MINE CUSHION CUT DIAMOND ENGAGEMENT ANTIQUE
1.23ct F SI2 CERTIFIED VINTAGE OLD MINE CUSHION CUT DIAMOND ENGAGEMENT ANTIQUE
$4,595.00
Time Remaining: 1d 20h 7m
Buy It Now for only: $4,595.00
GIA CERTIFIED 2ct ANTIQUE OLD MINE CUT DIAMOND LOOSE J VS2 VINTAGE ENGAGEMENT
GIA CERTIFIED 2ct ANTIQUE OLD MINE CUT DIAMOND LOOSE J VS2 VINTAGE ENGAGEMENT
$11,995.00
Time Remaining: 1d 20h 7m
Buy It Now for only: $11,995.00
GIA CERTIFIED I VS2 OLD EUROPEAN CUT DIAMOND VINTAGE ANTIQUE 0.62ct MINE ROUND
GIA CERTIFIED I VS2 OLD EUROPEAN CUT DIAMOND VINTAGE ANTIQUE 0.62ct MINE ROUND
$1,250.00
Time Remaining: 1d 20h 36m
Buy It Now for only: $1,250.00
VINTAGE OLD EUROPEAN CUT LOOSE DIAMOND I SI1 ROUND MINE ESTATE ANTIQUE COCKTAIL
VINTAGE OLD EUROPEAN CUT LOOSE DIAMOND I SI1 ROUND MINE ESTATE ANTIQUE COCKTAIL
$895.00
Time Remaining: 1d 20h 36m
Buy It Now for only: $895.00
ANTIQUE OLD MINE CUT CUSHION DIAMOND SQUARE LOOSE ENGAGEMENT COCKTAIL VINTAGE
ANTIQUE OLD MINE CUT CUSHION DIAMOND SQUARE LOOSE ENGAGEMENT COCKTAIL VINTAGE
$689.00
Time Remaining: 1d 20h 36m
Buy It Now for only: $689.00
2.41ct GIA CERTIFIED VS1 FLAWLESS ANTIQUE OLD EUROPEAN MINE CUT DIAMOND VINTAGE
2.41ct GIA CERTIFIED VS1 FLAWLESS ANTIQUE OLD EUROPEAN MINE CUT DIAMOND VINTAGE
$7,695.00
Time Remaining: 1d 20h 36m
Buy It Now for only: $7,695.00
OLD MINE CUSHION CUT ANTIQUE DIAMOND I SI1 EGL-USA CERTIFIED VINTAGE SQUARE 3/4c
OLD MINE CUSHION CUT ANTIQUE DIAMOND I SI1 EGL-USA CERTIFIED VINTAGE SQUARE 3/4c
$1,395.00
Time Remaining: 1d 21h 7m
Buy It Now for only: $1,395.00
1.02c ANTIQUE J Si1 OLD MINE CUT DIAMOND EGL-USA CERTIFIED LOOSE VINTAGE CUSHION
1.02c ANTIQUE J Si1 OLD MINE CUT DIAMOND EGL-USA CERTIFIED LOOSE VINTAGE CUSHION
$2,995.00
Time Remaining: 1d 21h 37m
Buy It Now for only: $2,995.00
1.23ct ANTIQUE OLD MINE CUT DIAMOND K SI1 EGL-USA CERT LOOSE CUSHION MINER OMC
1.23ct ANTIQUE OLD MINE CUT DIAMOND K SI1 EGL-USA CERT LOOSE CUSHION MINER OMC
$3,295.00
Time Remaining: 1d 21h 37m
Buy It Now for only: $3,295.00
1 CARAT RARE ANTIQUE OLD MINE CUT L VS1 DIAMOND LOOSE CUSHION EGL-USA CERT OMC
1 CARAT RARE ANTIQUE OLD MINE CUT L VS1 DIAMOND LOOSE CUSHION EGL-USA CERT OMC
$2,395.00
Time Remaining: 1d 21h 37m
Buy It Now for only: $2,395.00
1.34ct 1800 OLD MINE CUT DIAMOND RARE ANTIQUE GIA CERTIFIED Y-Z VS LOOSE CUSHION
1.34ct 1800 OLD MINE CUT DIAMOND RARE ANTIQUE GIA CERTIFIED Y-Z VS LOOSE CUSHION
$3,250.00
Time Remaining: 2d 3h 37m
Buy It Now for only: $3,250.00
GIA CERTIFIED 1.50ct ANTIQUE OLD MINE CUT DIAMOND FANCY YELLOW CUSHION VINTAGE
GIA CERTIFIED 1.50ct ANTIQUE OLD MINE CUT DIAMOND FANCY YELLOW CUSHION VINTAGE
$3,595.00
Time Remaining: 2d 3h 37m
Buy It Now for only: $3,595.00
G VS2 3/4ct ANTIQUE IDEAL OLD MINE CUSHION CUT DIAMOND CERTIFIED SQUARE VINTAGE
G VS2 3/4ct ANTIQUE IDEAL OLD MINE CUSHION CUT DIAMOND CERTIFIED SQUARE VINTAGE
$1,850.00
Time Remaining: 2d 3h 38m
Buy It Now for only: $1,850.00
1.50ct VINTAGE OLD MINE CUT DIAMOND ANTIQUE EGL-USA CERTIFIED EUROPEAN ESTATE OE
1.50ct VINTAGE OLD MINE CUT DIAMOND ANTIQUE EGL-USA CERTIFIED EUROPEAN ESTATE OE
$4,595.00
Time Remaining: 2d 3h 38m
Buy It Now for only: $4,595.00
0.88ct VINTAGE G SI1 CERTIFIED OLD MINE CUSHION CUT DIAMOND ANTIQUE VICTORIAN OM
0.88ct VINTAGE G SI1 CERTIFIED OLD MINE CUSHION CUT DIAMOND ANTIQUE VICTORIAN OM
$2,495.00
Time Remaining: 2d 3h 38m
Buy It Now for only: $2,495.00
1.30ct G VS2 VINTAGE OLD MINE CUT EUROPEAN DIAMOND EGL-USA CERTIFIED ENGAGEMENT
1.30ct G VS2 VINTAGE OLD MINE CUT EUROPEAN DIAMOND EGL-USA CERTIFIED ENGAGEMENT
$5,995.00
Time Remaining: 2d 3h 38m
Buy It Now for only: $5,995.00
ANTIQUE OLD MINE CUSHION CUT DIAMOND 0.80ct EGL-USA CERTIFIED VINTAGE VICTORIAN
ANTIQUE OLD MINE CUSHION CUT DIAMOND 0.80ct EGL-USA CERTIFIED VINTAGE VICTORIAN
$1,095.00
Time Remaining: 2d 3h 38m
Buy It Now for only: $1,095.00
1.75 carat H/I VS1 old miner old mine cut loose diamond
1.75 carat H/I VS1 old miner old mine cut loose diamond
$6,804.00
Time Remaining: 2d 12h 41m
Buy It Now for only: $6,804.00
1.01 carat old miner old mine cut loose diamond
1.01 carat old miner old mine cut loose diamond
$2,215.00
Time Remaining: 2d 13h 40m
Buy It Now for only: $2,215.00
1.01 carat sparkling old mine diamond old miner loose CUSHION CUT     FG11083
1.01 carat sparkling old mine diamond old miner loose CUSHION CUT FG11083
$2,230.00
Time Remaining: 2d 13h 59m
Buy It Now for only: $2,230.00
Old miner old mine cut loose diamond H/I VS1 2.01 carat
Old miner old mine cut loose diamond H/I VS1 2.01 carat
$5,988.00
Time Remaining: 2d 15h 29m
Buy It Now for only: $5,988.00
old miner 1.75 ct. cut loose diamond old mine     FG11086
old miner 1.75 ct. cut loose diamond old mine FG11086
$6,799.00
Time Remaining: 2d 16h 6m
Buy It Now for only: $6,799.00
2 carat old miner cut diamond old mine natural loose diamond     FG11088
2 carat old miner cut diamond old mine natural loose diamond FG11088
$6,488.00
Time Remaining: 2d 19h 37m
Buy It Now for only: $6,488.00
2.32ctw GIA CERTIFIED MATCHING PAIR OLD MINE CUT DIAMONDS * VIDEO * US Seller
2.32ctw GIA CERTIFIED MATCHING PAIR OLD MINE CUT DIAMONDS * VIDEO * US Seller
$5,599.99
Time Remaining: 2d 22h 15m
1.32ct VINTAGE DIAMOND G SI1 OLD MINE CUT PEAR SHAPE CERTIFIED ANTIQUE TEAR DROP
1.32ct VINTAGE DIAMOND G SI1 OLD MINE CUT PEAR SHAPE CERTIFIED ANTIQUE TEAR DROP
$4,750.00
Time Remaining: 2d 22h 40m
Buy It Now for only: $4,750.00
1 CARAT ANTIQUE OLD MINE CUT DIAMOND L-M VS1 LOOSE SQUARE CUSHION VINTAGE MINER
1 CARAT ANTIQUE OLD MINE CUT DIAMOND L-M VS1 LOOSE SQUARE CUSHION VINTAGE MINER
$1,995.00
Time Remaining: 3d 18h 34m
Buy It Now for only: $1,995.00
ANTIQUE OLD MINE CUT DIAMOND 0.88ct VICTORIAN ENGAGEMENT VINTAGE CUSHION NATURAL
ANTIQUE OLD MINE CUT DIAMOND 0.88ct VICTORIAN ENGAGEMENT VINTAGE CUSHION NATURAL
$1,395.00
Time Remaining: 3d 18h 36m
Buy It Now for only: $1,395.00
GIA CERTIFIED 1ct ANTIQUE OLD MINE CUT DIAMOND FANCY YELLOW VS2 VINTAGE CUSHION
GIA CERTIFIED 1ct ANTIQUE OLD MINE CUT DIAMOND FANCY YELLOW VS2 VINTAGE CUSHION
$2,595.00
Time Remaining: 3d 18h 36m
Buy It Now for only: $2,595.00
0.36ct 4.4mm C1 SI3 Natural Brown Diamond Old European Mine Cut Champagne
0.36ct 4.4mm C1 SI3 Natural Brown Diamond Old European Mine Cut Champagne
$211.00
Time Remaining: 4d 8h 15m
Buy It Now for only: $211.00
0.53Cts Natural J Color Round Old Mine Cut Solitaire Diamond 4.78-4.88x3.44 MM
0.53Cts Natural J Color Round Old Mine Cut Solitaire Diamond 4.78-4.88x3.44 MM
$700.00
Time Remaining: 4d 10h 50m
Buy It Now for only: $700.00
GIA CERTIFIED DIAMOND OLD MINE CUT - .24 CARAT G COLOR SI1 GRADE - RARE FIND
GIA CERTIFIED DIAMOND OLD MINE CUT - .24 CARAT G COLOR SI1 GRADE - RARE FIND
$349.95
Time Remaining: 4d 11h 31m
Buy It Now for only: $349.95
.50ct Oval Old Mine Cut Diamond, I1, H,  4.4mm by 4.8mm
.50ct Oval Old Mine Cut Diamond, I1, H, 4.4mm by 4.8mm
$472.69
Time Remaining: 4d 19h 5m
.32ct Round Old Mine Cut Diamond, I1, J,   4.1mm by 3.9mm
.32ct Round Old Mine Cut Diamond, I1, J, 4.1mm by 3.9mm
$188.96
Time Remaining: 4d 19h 5m
0.38ct 4.6mm C2 I1 Natural Brown Diamond Old European Mine Cut Champagne
0.38ct 4.6mm C2 I1 Natural Brown Diamond Old European Mine Cut Champagne
$171.00
Time Remaining: 4d 21h 3m
Buy It Now for only: $171.00
0.43ct 4.6mm C4 SI1 Natural Brown Diamond Old European Mine Cut Champagne
0.43ct 4.6mm C4 SI1 Natural Brown Diamond Old European Mine Cut Champagne
$239.00
Time Remaining: 4d 21h 5m
Buy It Now for only: $239.00
0.47ct 5x4.7mm C5 SI1 Natural Orange Brown Diamond Old European Mine Cut Loose
0.47ct 5x4.7mm C5 SI1 Natural Orange Brown Diamond Old European Mine Cut Loose
$317.00
Time Remaining: 4d 21h 15m
Buy It Now for only: $317.00
0.50ct 5.2mm C2 I1 Natural Brown Diamond Old European Mine Cut Champagne
0.50ct 5.2mm C2 I1 Natural Brown Diamond Old European Mine Cut Champagne
$285.00
Time Remaining: 4d 21h 19m
Buy It Now for only: $285.00
0.52ct 4.8mm C4 SI2 Natural Brown Diamond Old European Mine Cut Champagne Loose
0.52ct 4.8mm C4 SI2 Natural Brown Diamond Old European Mine Cut Champagne Loose
$351.00
Time Remaining: 4d 21h 22m
Buy It Now for only: $351.00
4.23 CARAT DIAMOND VS2/Q TO R OLD MINE CUT GIA CERTIFIED DIAMOND W/ CERT
4.23 CARAT DIAMOND VS2/Q TO R OLD MINE CUT GIA CERTIFIED DIAMOND W/ CERT
$21,000.00
Time Remaining: 7d 21h 49m
Buy It Now for only: $21,000.00
.45, I1, G, Old Mine Cut / Antique Cushion Shape Loose Diamond
.45, I1, G, Old Mine Cut / Antique Cushion Shape Loose Diamond
$509.00
Time Remaining: 16d 14h 39m
Buy It Now for only: $509.00
Cushion 1.20ct Old Mine Cut J-K  I1 Solitaire Loose Diamond
Cushion 1.20ct Old Mine Cut J-K I1 Solitaire Loose Diamond
$1,650.00
Time Remaining: 19d 17h 38m
Buy It Now for only: $1,650.00
GIA Certified .48ct SI2 I Old Mine cut diamond 4.78-3.95x3.09mm vintage estate
GIA Certified .48ct SI2 I Old Mine cut diamond 4.78-3.95x3.09mm vintage estate
$699.99
Time Remaining: 20d 16h 25m
Buy It Now for only: $699.99
GIA Certified .77ct I1 L Old Mine cut diamond 5.44-4.75x3.81mm vintage estate
GIA Certified .77ct I1 L Old Mine cut diamond 5.44-4.75x3.81mm vintage estate
$999.99
Time Remaining: 22d 14h 17m
Buy It Now for only: $999.99
Loose .40 CT Old European Cut Mine Diamond Round Natural G VS2 w Appraisal $1960
Loose .40 CT Old European Cut Mine Diamond Round Natural G VS2 w Appraisal $1960
$699.12
Time Remaining: 26d 14h 36m
Buy It Now for only: $699.12
0.83Cts Natural F-G Color Round Old Mine Cut Solitaire Diamond Pair
0.83Cts Natural F-G Color Round Old Mine Cut Solitaire Diamond Pair
$2,325.00
Time Remaining: 27d 8h 34m
Buy It Now for only: $2,325.00
Cushion Old Mine Cut 0.47ct N-O SI1 Loose Diamond
Cushion Old Mine Cut 0.47ct N-O SI1 Loose Diamond
$580.00
Time Remaining: 27d 16h 32m
Buy It Now for only: $580.00
Antique Victorian small Rose Cut & Mine Cut Loose Diamonds from old jewelry!
Antique Victorian small Rose Cut & Mine Cut Loose Diamonds from old jewelry!
$100.00
Time Remaining: 29d 13h 53m
Buy It Now for only: $100.00

One response to “Are miner cut diamonds worth more than diamonds now?

  1. It's "old mine cut."

    This cut of diamond was prevalent in the 1800's up until the time in which the Old European cut diamond took over. Vintage stones can be worth more that modern cuts–not so much because of the cut as it is because of the quality of the stone. A very well cut Old Mine Cut stone is quite brilliant. Lots of diamonds that are faceted and set these days would have been put in drill bits years ago. The modern cuts have been developed to take full advantage of the diamond's natural refractive characteristics.

    Vintage cuts used to be a disadvantage (and sometimes still is) when valuing a diamond, but in recent years, antique cuts and ring mounts have become a popular choice for engagement rings. This new market drives the pricing of old diamond rings. Your friend's ring is probably comparable in price to a modern ring with the same diamond weight.
    References :