Finest 50,000 sheets of paper in modern terms (5)

Guardian Cryptic #25087 | 23 Down | 2010-08-12
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I haven't cracked this one yet — but the brilliant team at Fifteensquared have:

REAM(s) is 50,000 sheets. A ream is now 500 sheets, but was formerly 480, hence “in miodern terms”

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