Large unilamellar vesicles (LUV) have been prepared by three procedures from several synthetic and natural phosphatidylcholines. Reverse-phase evaporation vesicles (REV) and fusion vesicles were prepared by established procedures. A published procedure for the preparation of dialyzed octyl glucoside vesicles (DOV) was modified to allow its use with synthetic phospholipids. Negative-staining and freeze--fracture electron microscopy was used to determine the vesicle size distribution (mean diameters 800-1000 A) and extent of oligolamellar contamination in DOV preparations. Trapping of 6-carboxyfluorescein yielded measurements of the internal volume (2.6 +/- 0.3 microL/mumol of Pi) consistent with the size distributions determined by electron microscopy. An upper limit of less than 3 mol % oligolamellar vesicle contamination was indicated by calorimetric heat capacity profiles. The phase behaviors of large multilamellar vesicles and all three types of LUV were compared by using high-sensitivity differential scanning calorimetry and fluorescence depolarization of the membrane probe diphenylhexatriene. The most remarkable feature was the increased breadth of the main transition of DOV and of REV relative to the multilamellar species and to fusion vesicles. Both the main transition and the pretransition occurred at nearly the same temperatures in unilamellar and multilamellar species, but the unilamellar pretransition involved less than half the enthalpy observed in the multilamellar transition. Additional experiments indicated that the broadened main phase transition associated with DOV and REV reflected bilayer impurities resulting from preparation. It is concluded that LUV prepared by procedures that avoid impurities undergo a highly cooperative phase transition, as demonstrated here for fusion vesicles.