Create a peeling sticker using Photoshop
The final effect looks like this:

Here is a video showing the key steps required:
Here are the steps in greater detail:
Create a new document 640×480
Create a new layer
Select the circular marque tool, draw a circle, fill it with yellow
Drag your circular marquee selection so it overlaps the bottom right of your yellow circle, create a new layer, fill your marquee selection with black.
Option click between the two layers to clip your black circle with you yellow one
Select the lasso tool, make a selection between the two corners of your black area and beyond, press backspace. Select your yellow circle layer, press backspace.

Add a gradient overlay to your black shape: 74% opacity,90 degrees, 66% scale
Add a gradient overlay to your yellow shape: 11% opacity
Merge your two layers
Add a drop shadow to your merged layer: 21% opacity,120 degrees, distance 2
Select your text tool, add some text to your sticker.
Done!
Click to download PSD templates, web templates