The paper presents an approach to identify the state of fine sands on the basis of shear wave velocity measurement. Large body of experimental data was used to derive formulae which relate void ratio with shear wave velocity and mean effective stress for a given material. Two fine sands which contained 8 and 14% of fines were tested. The soils were tested in triaxial tests. Sands specimens were reconstituted in triaxial cell. In order to obtain predetermined void ratio values covering possible widest range of the parameter representing a very loose and dense state as well, the moist tamping method with use of undercompaction technique was adopted. Fully saturated soil underwent staged consolidation at the end of which shear wave velocity was measured. Since volume control of a specimen was enhanced by use of proximity transducers, representative 3 elements sets (i.e. void ratio e, mean effective stress p’ and shear wave velocity VS) describing state of material were obtained. Analysis of the test results revealed that relationship between shear wave velocity and mean effective stress p' can be approximated by power function in distinguished void ratio ranges. This made possible to derive formula for calculating void ratio for a given state of stress on the basis of shear wave velocity measurement. The conclusion concerning sensitivity of this approach to the fines content was presented.