This paper deals with the identification of physical parameters of a one-degree-of-freedom electromechanical system that operates in closed loop. Two models are considered: the inverse dynamic model which is linear in relation to the physical parameters to be identified and the direct dynamic model which is linear in relation to a nonlinear combination of the physical parameters. Three methods are considered and compared: the traditional method which makes use of the inverse dynamic model, tailormade data prefiltering and the least-squares method, an instrumental variable approach which makes use of the direct and inverse dynamic models and another instrumental variable approach which makes use of the direct dynamic model only. The experimental results show that the instrumental variable method based on the use of the inverse and direct dynamic models seems to be more appropriate than the two others because it is robust against noise and the physical parameters are directly identified.