Minimum energy structures for large carbon cages are investigated usin
g realistic atomic potentials. Above a critical size of approximately
6000 there is a stability crossover from single to multilayer cages. T
he lowest energy atomic configuration of a cage of any size consists o
nly of hexagons and pentagons and is polyhedral in shape. Lowest energ
y defects involve either rearrangements between pentagons and hexagons
or 5-7-5 triplets. Simulated transmission electron microscopy images
show that a polyhedral onion appears spheroidal when viewed along its
highest symmetry axis, and polyhedral when viewed from a more general
direction.