An overview is presented of the current status of the search of gravitational waves from coalescing binaries by the large interferometric detectors LIGO and Virgo. Coalescing binaries ranging from one to few hundred solar masses are potentially detectable by the advanced versions of the currently operating LIGO and Virgo, due to start their scientific run in the advanced stage in the year 2014. The detection of such a signal requires accurate modelling of the source motion as well as a precision knowledge of the gravitational theory ruling the dynamics of astrophysical objects. We show the techniques employed in experimental searches and the implication of a detection for fundamental physics.

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