Ultrasonic testing is a non-destructive testing method of choice for estimating the anisotropic elastic properties of wood materials. This method is reliable for estimating the Young’s and shear moduli. However, its applicability to Poisson’s ratios remains uncertain. On the other hand, despite their destructive nature, mechanical tests allow a direct measurement of all elastic properties including the Poisson’s ratios. In some cases (e.g. when assessing cultural heritage objects), destructive testing may not be an option. In this work, two types of hardwood walnut (Juglans regia L.) and cherry (Prunus avium L.), which often appear on cultural heritage objects, were tested using both ultrasonic and mechanical testing methods under four different moisture conditions below fibre saturation point. The results show that a higher moisture condition leads to a decrease in material elasticity. For walnut wood, their longitudinal Young’s modulus (ν.