Balls
It takes gigantic cajones to soak a card of that magnitude/value. Even if you have a lifetime of experience in the "art" of soaking.
I think PSA should definitely take the time to do a little research when it comes to high dollar / high profile cards like the Plank if for no other reason than to avoid further damage to their reputation. Having said that, it doesn't surprise me at all that they missed it.
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