Arsenal's Thierry Henry and Manchester City's Sergio Aguero both missed out on a place in McCoist's top five.
It comes after Thierry Henry and Jamie Carragher featured on Monday Night Football discussing their best Premier League forwards.
Henry, the former Arsenal star, took the top spot, accumulating the most points from the MNF votes, Carragher's points and a public vote.
Cristiano Ronaldo was in second and Mohamed Salah followed in third.
Newcastle legend Alan Shearer was named in fourth and former Man United star Wayne Rooney in fifth.
READ MORE ON PREMIER LEAGUE
Mykhailo Mudryk pleads innocence over failed drugs test as Chelsea star suspended
Next Wolves manager odds: Pereira into odds-on with Moyes now 6/1 after O'Neil sacking
Henry said: "It's the type of stuff you dream of when you see the players on the list. When you're part of that list, you're already a winner."
However, the iconic Frenchman did not make the top five for Rangers legend McCoist, who named the following players on his list...
Alan Shearer
Alan Shearer stands as the Premier League's all-time leading scorer, with 260 goals over 441 appearances.
Beginning his top-flight career at Southampton, Shearer truly made his mark at Blackburn Rovers, where he was instrumental in securing the Premier League title in the 1994-1995 season.
Most read in Football
Marcus Rashford escape route revealed as Arsenal plot West Ham raid
European Super League returns with new name in direct challenge to UEFA
Ian Wright sparks concern among Leonardo Bonucci and Sami Khedira with sudden fall
Steve Holland lands first job since England exit with ex-Ange Postecoglou team
He later moved to his hometown club, Newcastle United, further solidifying his legendary status.
Shearer's playing style was characterised by his physicality, aerial dominance, and powerful finishing.
His consistency in front of goal earned him three Golden Boot awards during his career.
Notably, Shearer was the first player to reach 100 Premier League goals, achieving this milestone in just 124 appearances.
His record of 260 goals has remained unchallenged since his retirement, underscoring his enduring legacy in English football.
Harry Kane
Harry Kane has established himself as one of the most prolific strikers in Premier League history, currently ranking second with 213 goals in 320 appearances.
A product of Tottenham Hotspur's academy, Kane's rise to stardom was marked by his exceptional work ethic and finishing abilities.
Kane's goal-scoring consistency earned him three Golden Boot awards, and he became Tottenham's all-time leading scorer with 267 goals in 416 appearances.
In 2023, he transferred to Bayern Munich for a record £100 million fee, becoming the Bundesliga's most expensive signing.
In his debut season, Kane scored 36 goals, winning the European Golden Shoe. Internationally, he surpassed Wayne Rooney to become England's all-time top scorer.
Robbie Fowler
Affectionately known as 'God' by Liverpool fans, was renowned for his natural goal-scoring ability and instinctive finishing.
"Fowler was some finisher," explained McCoist.
He scored 163 Premier League goals in 379 appearances, placing him ninth on the all-time list.
Fowler burst onto the scene with Liverpool in the early 1990s, quickly becoming one of the league's most feared strikers.
One of Fowler's most remarkable achievements was scoring a hat-trick in just four minutes and 33 seconds against Arsenal in 1994, a Premier League record at the time.
His ability to score with both feet and his head made him a versatile threat in the attacking third.
Fowler's contributions were pivotal in Liverpool's successes during the 1990s, and his goal-scoring exploits earned him the PFA Young Player of the Year award twice, in 1995 and 1996.
Ian Wright
Ian Wright's journey to the Premier League was unconventional, as he entered professional football relatively late.
Despite this, he became one of the league's most prolific strikers, scoring 113 goals in 213 appearances.
Wright's time at Arsenal was particularly impactful, where his speed, finishing, and infectious enthusiasm endeared him to fans.
Wright was instrumental in Arsenal's domestic successes, including their Premier League title win in the 1997-1998 season.
He became Arsenal's all-time leading scorer in 1997, a record he held until Thierry Henry surpassed it.
Wright's ability to score crucial goals in important matches highlighted his status as a big-game player. His passion and charisma both on and off the pitch have made him a beloved figure in English football.
Wayne Rooney
Wayne Rooney is one of the most versatile and talented forwards in Premier League history, scoring 208 goals in 491 appearances, placing him third on the all-time list.
He began his career at Everton before making a high-profile move to Manchester United, where he enjoyed immense success.
Rooney's time at Manchester United was decorated with numerous trophies, including five Premier League titles and a UEFA Champions League victory.
He became the club's all-time leading scorer, surpassing Sir Bobby Charlton's record with 253 goals.
Rooney's versatility allowed him to play in various attacking roles, and his vision, creativity, and work rate made him a complete forward.
Read More on talkSPORT
Steve Holland lands first job since England exit with ex-Ange Postecoglou team
Emotional scenes as Menzies sheds tears on stage before shock defeat to world No.130
Internationally, he became England's all-time top scorer, a record later broken by Harry Kane.
McCoist added 'honourable mentions' to Jamie Vardy, Thierry Henry, Andy Cole, Michael Owen and Jermaine Defoe.