<ARTICLE>                     5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FORM
10-q FOR THE QUARTERLY PERIOD ENDED June 30, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.     
</LEGEND>
<CIK>                        0001002813
 
<NAME>                        Dignity Partners, Inc.
       
                             
<PERIOD-TYPE>                  6-MOS
<FISCAL-YEAR-END>                              Dec-31-1997
<PERIOD-START>                                 Jan-01-1997
<PERIOD-END>                                   Jun-30-1997
<CASH>                                         18,892,526
<SECURITIES>                                    3,954,029
<RECEIVABLES>                                     577,702
<ALLOWANCES>                                            0                              
<INVENTORY>                                    39,173,887 <F1>
<CURRENT-ASSETS>                                  773,366
<PP&E>                                                  0
<DEPRECIATION>                                          0
<TOTAL-ASSETS>                                 63,371,510
<CURRENT-LIABILITIES>                           5,484,977
<BONDS>                                        38,900,690 <F2>
<PREFERRED-MANDATORY>                                   0
<PREFERRED>                                             0
<COMMON>                                           42,918
<OTHER-SE>                                     18,942,925
<TOTAL-LIABILITY-AND-EQUITY>                   63,371,510
<SALES>                                           285,977
<TOTAL-REVENUES>                                2,963,585
<CGS>                                                   0
<TOTAL-COSTS>                                           0
<OTHER-EXPENSES>                                 1,696,367
<LOSS-PROVISION>                                        0
<INTEREST-EXPENSE>                               1,824,259
<INCOME-PRETAX>                                   (557,041)
<INCOME-TAX>                                            0
<INCOME-CONTINUING>                               (557,041)
<DISCONTINUED>                                          0
<EXTRAORDINARY>                                  1,884,651
<CHANGES>                                               0
<NET-INCOME>                                    1,327,610
<EPS-PRIMARY>                                        0.34  
<EPS-DILUTED>                                           0

<FN>
<F1>INCLUDES ASSETS HELD FOR SALE AND PURCHASED LIFE INSURANCE POLICY.
<F2>REPRESENTS LONG TERM BORROWINGS OF THE COMPANY. 

</FN>