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Connery, who played the superspy in seven films up to 1983, revealed that he was tempted to return as a baddie.
However, the 77-year-old said he would need a bumper pay-cheque to persuade him to come out of retirement.
He told My Weekly: "I wouldn't mind coming back as a Bond villain. But I don't think they would pay me enough.
"They don't pay the money for other parts, only for the Bond character, although that wasn't the case when I was doing it."
He also praised current 007 Daniel Craig, saying: "I think [he's] a terrific choice. I think they're going back to a more realistic type of Bond movie as I don't think they could have gone much further with the special effects."
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