A straightforward route to gram level synthesis of a pure phase of the Sn-Ag nanoalloy in an eutectic composition (Sn/Ag 96.5:3.5) in silicone oil is reported. The composition, morphology, and microstructure of the alloy were fully characterized. In a mixture of ethylene glycol and silicone oil, direct reduction of Sn(II) acetate and Ag(I) nitrate gave the Sn-Ag nanoalloy. The nanoalloy disintegrates by sonication and reforms by heating, leading to smaller particles with a melting point as low as 128 degrees C.