I just tried it for you. It allows you to reuse your old password.

What I did

I logged in under my current password.
I went to account page and changed my password.
I logged out.
I shut down my browser.
I started up my browser.
I went to Auctiva and tried to log in with my old password. Not accepted. This confirmed that I actually changed the password.
I logged in with the new password.
I logged in and out again to make sure the new password worked for at least two logins.
I changed the new password back to my previous one and logged in again. I repeated it to make sure my old password worked again.

So it appears Auctiva passwords can be reused if you want to make a temporary change.

However it is good practice to change them regularly as you probably already know. Hard to do when most people have so many accounts.
Clarification to this line

I changed the new password back to my previous one and logged in again. I repeated it to make sure my old password worked again.

I repeated it above means I repeated the login again. I did not repeat the whole procedure of changing my password.

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