Characterizing and understanding the viscoelastic mechanical properties of natural and synthetic fibers is of great importance in many biological and industrial applications. Microscopic techniques such as micro/nano indentation have been successfully employed in such efforts, yet these tests are often challenging to perform on fibers and come with certain limitations in the interpretation of the obtained results within the context of the macroscopic viscoelasticity in the fiber. Here we instead explore the properties of a series of natural and synthetic fibers, using a freely-oscillating torsional pendulum. The torsional oscillation of the damped mass-fiber system is precisely recorded with a simple HD video-camera and an image processing algorithm is used to analyze the resulting videos. Analysis of the processed images show a viscoelastic damped oscillatory response and a simple mechanical model describes the amplitude decay of the oscillation data very well. The natural frequency of the oscillation and the corresponding damping ratio can be extracted using a logarithmic decrement method and directly connected to the bulk viscoelastic properties of the fiber. We further study the sensitivity of these measurements to changes in the chemo-mechanical properties of the outer coating layers on one of the synthetic fibers. To quantify the accuracy of our measurements with the torsional pendulum, a complementary series of tests are also performed on a strain-controlled rheometer in both torsional and tensile deformation modes.