<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Midas Special Equities Fund, Inc. Semi-Annual Report and is qualified in its
entirety by references to such financial statements.
</LEGEND>
<CIK> 0000788422
<NAME> Midas Special Equities 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> 29,083,293
<INVESTMENTS-AT-VALUE> 33,277,175
<RECEIVABLES> 44,040
<ASSETS-OTHER> 13,390
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 33,334,605
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 87,566
<TOTAL-LIABILITIES> 87,566
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 28,021,941
<SHARES-COMMON-STOCK> 1,435,410
<SHARES-COMMON-PRIOR> 1,567,110
<ACCUMULATED-NII-CURRENT> (324,465)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,355,681
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4,193,882
<NET-ASSETS> 33,247,039
<DIVIDEND-INCOME> 170,750
<INTEREST-INCOME> 108,836
<OTHER-INCOME> 0
<EXPENSES-NET> 604,051
<NET-INVESTMENT-INCOME> (324,465)
<REALIZED-GAINS-CURRENT> 5,248,306
<APPREC-INCREASE-CURRENT> (10,073,510)
<NET-CHANGE-FROM-OPS> (5,149,669)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13,321
<NUMBER-OF-SHARES-REDEEMED> 145,021
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (8,381,882)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (3,892,625)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 158,457
<INTEREST-EXPENSE> 104,055
<GROSS-EXPENSE> 604,051
<AVERAGE-NET-ASSETS> 33,772,759
<PER-SHARE-NAV-BEGIN> 26.56
<PER-SHARE-NII> (.22)
<PER-SHARE-GAIN-APPREC> (3.18)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 23.16
<EXPENSE-RATIO> 3.40
</TABLE>
