<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Midas Fund, Inc. Semi-annual Report and is qualified in its entirety by references
to such financial statements.
</LEGEND>
<CIK> 0000770200
<NAME> Midas Fund, Inc.
<MULTIPLIER> 1
<CURRENCY> U.S. Dollar
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Dec-31-2000
<PERIOD-START> Jan-01-2000
<PERIOD-END> Jun-30-2000
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 63,269,250
<INVESTMENTS-AT-VALUE> 44,743,264
<RECEIVABLES> 1,077,440
<ASSETS-OTHER> 25,270
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 45,845,974
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 968,815
<TOTAL-LIABILITIES> 968,815
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 256,730,270
<SHARES-COMMON-STOCK> 46,542,026
<SHARES-COMMON-PRIOR> 52,999,314
<ACCUMULATED-NII-CURRENT> (692,676)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (192,634,449)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (18,525,986)
<NET-ASSETS> 44,877,159
<DIVIDEND-INCOME> 282,509
<INTEREST-INCOME> 23,206
<OTHER-INCOME> 0
<EXPENSES-NET> 844,642
<NET-INVESTMENT-INCOME> (538,927)
<REALIZED-GAINS-CURRENT> (32,522,995)
<APPREC-INCREASE-CURRENT> 13,035,106
<NET-CHANGE-FROM-OPS> (20,056,816)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6,094,207
<NUMBER-OF-SHARES-REDEEMED> (12,551,495)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (26,943,186)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (160,235,203)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 264,755
<INTEREST-EXPENSE> 107,117
<GROSS-EXPENSE> 848,145
<AVERAGE-NET-ASSETS> 53,089,830
<PER-SHARE-NAV-BEGIN> 1.36
<PER-SHARE-NII> (.01)
<PER-SHARE-GAIN-APPREC> (.39)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.96
<EXPENSE-RATIO> 3.21
</TABLE>
