Could be parchment, could be creme beige. For the most part E-class's had creme beige, S-class and SLs had parchment, but I believe there's some exceptions to that. The way to know for sure is to get the color code, which should be on the radiator plate. It's also on the VMI which you can get from the dealer. I believe creme beige is #265, not sure about parchment.

Looks to me like creme beige.

Cheers,
Gerry

Creme beige was the only one available in the 500E, Parchment and Saddle was available on the S

Here is the plate over the radiator but no #265:

The 275 would be a suspect but you need to get the VMI to find out for sure. I thought all 124s were creme beige rather than parchment but once saw a window sticker on a 94 E320 coupe that said parchment - so it's pretty much all messed up. Why they made two colors so close together is a mystery.

PS - just checked the plate on my 92 400E, which is also smoke silver 702. My car says 265, which I know from my VMI to be the upholstery code, in exactly the same place that yours says 275 - which means one of us has parchment and the other creme beige - but which is which I don't know. Someone must have the codes.

this site lists 275 as champignon / mushroom on the r129 chassis.
265 as champignon / mushroom on the w124 chassis

http://www.geocities.com/MotorCity/Speedway/5350/mbcodes.htm

__________________
Grober
Last of the ol 124s"

I think I prefer to put it in my for sale description in the german language which is "Champignon." It looses something in the translation. Who really wants a mushroom interior?