Pure silver and its alloys are very important materials for various technological applications. Tellurium is one of the unwanted admixture in silver and is removed during metallurgical processes; however Ag–Te alloy is necessary for production of rewritable digital versatile discs. The knowledge of phase diagram of Ag–Te is essential for applications and refining process. The critical assessment of binary system Ag–Te has been done using literature information. Good agreement between experimental data reported in literature and calculated values has been found.