I followed instructions from this forum to rebuild the horn pad on my 1965 230 SL. I found a perfect piece of black leather at Michaels. Only needed a small piece, but it came with the whole hide (probably enough to do the job 10 times over!).
I wasn't able to find tools to exactly match the dimensions of the special tool described in the technical manual. But, using a section of 2" PVC, a sheet metal shim and the clamped metal collar from a 1 1/2" pipe connector (rubber sleeve removed) I was able to fabricate a 62mm tool. I used another hose clamp to clamp the new leather to the tool to shape the depression for the center emblem. Fortunately the center emblem was still is great condition. The only issue I had was that as slow and careful as I was unbending the tabs to remove the emblem, 2 broke off. But, it went back together fine and should hold.
The whole job cost about $50 and took about an hour (though I only needed a fraction of the leather I bought). A lot cheaper than the $500 plus I've seen the horn pad priced on-line.
Pictures attached of the pad (before and after) and the tool I made.