Four Color #203
- Series: Four Color
- Issue: 203
- Publisher: Dell
- Era: Golden Age
- Published Date: December 1948
- Cover: Carl Barks, Western Publishing Production Shop
- Writers: Carl Barks, Bill Wright
- Pencil: Carl Barks, Bill Wright
- Ink: Carl Barks, Bill Wright
- Appearances: Donald Duck, Huey Duck, Dewey Duck, Louie Duck
Story 1: "Jumping to Conclusions"
Donald returns the nephews' presents when they fail to do their chores.
Story 2: "The Golden Christmas Tree"
The nephews, disappointed in their wish for a golden Christmas tree, are lured into a trap by a witch who plans to use their tears in a magic potion that will destroy all the Christmas trees on earth.
Story 3: "Special Delivery"
Santa sprains his ankle when he visits Mickey's house on Christmas Eve. Mickey and Goofy deliver the presents on the few remaining stops on Santa's list, but not without a number of accidents.
Story 4: "The True Test"
Donald tests toys to see how sturdy they are.
Story 5: "Ornaments on the Way"
Donald acquires some unusual decorations for his Christmas tree.
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