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dstudebaAs mentioned previously, they have had it for a while. However it is only for the premier catalog auctions. You can still sign up for the Collector auctions. I couldn't bring myself to spend $75 for the honor of getting outbid in Mastro auctions, so I never did it.
However I did find a way around it. I won a lot in the Collector auction, and then I was automatically signed up for the Premier auctions, and have never had a problem. (Now that they have sucked me in they are more than happy to have me bid....)