Toilet paper in small pieces and latex layers work wonders for flaky skin and it will peel off. Then you can put cream make-up over it to get any effect you want. I work at The Costume Shop and we sell Collodion. It does wrinkle skin really good and looks great around slashes and scars. But it doesn't "just peel off", it requires a good remover. We suggest that it only be used in small areas like Skeletons was suggesting.