Presented herein is a novel stereoscopic three-dimensional (3D) display system with active color filter glasses. This system provides full-color 3D images by applying the time-multiplexing technique on the original anaglyph method. By switching between the opposite anaglyph statuses, a full-color anaglyph is presented. A liquid crystal panel from a 3D monitor serves as an active color filter operating at 120 Hz. A display panel and a color filter are connected to one graphic card as a dual-link system, for synchronization. To test the quality of this system, a left/right-eye image separation test and an experiment with stereoscopic images were carried out. Although there was some crosstalk and blur, the system, as expected, provided full-color 3D display. This system overcomes a monochromatic 3D image, which is the major weakness of the original anaglyph system.