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Yes.
Alaska silver is a trade-name for a white metal. White metals have absolutely no silver content despite the use of the word silver in many of their names. These metals were named for their silver-white color, not for the content of the alloy and contain tin, zinc, lead, bismuth, antimony and/or copper in differing proportions. Pewter is considered by many to be one of the white metals since modern pewter consists of tin with a little antimony and, occasionally, copper (old pewter can have a high lead content and should not be used for food service).

It is now illegal to use the word silver to describe any new metal alloy that does not contain at least 70% silver. But the names for non-silver metals that contained the word silver were popular in the 1800's and early 1900's and are still in use today.
There are many of these metals and a few are: African Silver, Alpaca Silver (or Alpaca alone), Argentine Silver, Brazil Silver, Britannia Metal (alluding to Britannia Silver but is actually a form of pewter), German Silver (or simply G Silver), Mexican Silver, Montana Silver, Nickel Silver, Oregon Silver, Pearl Silver, Russian Silver, Siberian Silver and South American Silver.

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