Steve, could you be talking about a mylar sticker? Not sure if you're familiar with the concept, let me explain.
Back in the days (before games had that mega-strong clear coat layer often known as diamond plating) games would often have full playfield mylars to protect the playfield and especially the areas between wood and insert. These would go all over the playfield.
Then, when diamond plated playfields started to become more common (around 1990 I think it was) the mylars would only be placed in problem areas where there's many ball activity. Such mylars would be much smaller, often next to the slingshots, in the pop-bumper areas and sometimes in front of kick outs. You know, places where a ball often travels or follows the same path all the time.
As coatings got better and better I think we're seeing less and less mylars but they can still be found, even in the recent Stern games. I believe your sticker is in fact a mylar. Is this an area that has many frantic ball activity over it?
My advice is always to leave the mylar in place if it's still looking nice and transparent and not bothering the ball (unlike in your case where it is). Otherwise you could remove it, maybe using a sticker remover product like "Goo-Gone". It is probably not needed when a game is only home use as opposed to the games that are played much more often in arcades. You must decide for yourself.