UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2010 Check here if amendment [ ]; This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Central Securities Corporation Address: 630 Fifth Avenue New York, New York 10111 13F File Number: 28-6578 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Marlene A. Krumholz Title: Secretary Phone: 212-698-2020 Signature, Place, and Date of Signing: /s/ Marlene A. Krumholz New York, New York February 10, 2011 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: None I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 39 Form 13F Information Table Value Total: 418,396 List of Other Included Managers: None FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ==================================================================================================================================== Abbott Laboratories Common 002824 10 0 5,749 120,000 SH SOLE 120,000 0 0 Agilent Technologies, Inc. Common 00846U 10 1 38,116 920,000 SH SOLE 920,000 0 0 Analog Devices, Inc. Common 032654 10 5 25,800 684,900 SH SOLE 684,900 0 0 Arbinet Corporation Common 03875P 10 0 2,103 250,000 SH SOLE 250,000 0 0 AT&T Inc. Common 00206R 10 2 5,876 200,000 SH SOLE 200,000 0 0 The Bank of New York Mellon Corporation Common 064058 10 0 20,385 675,000 SH SOLE 675,000 0 0 Brady Corporation Class A 104674 10 6 24,458 750,000 SH SOLE 750,000 0 0 Carlisle Companies Inc. Common 142339 10 0 11,922 300,000 SH SOLE 300,000 0 0 CEVA, Inc. Common 157210 10 5 18,384 896,800 SH SOLE 896,800 0 0 China Mobile Ltd. ADR Sponsored ADR 16941M 10 9 1,489 30,000 SH SOLE 30,000 0 0 Coherent, Inc. Common 192479 10 3 36,157 801,000 SH SOLE 801,000 0 0 Convergys Corporation Common 212485 10 6 22,389 1,700,000 SH SOLE 1,700,000 0 0 Devon Energy Corporation Common 25179M 10 3 15,702 200,000 SH SOLE 200,000 0 0 EnCana Corporation Common 292505 10 4 2,912 100,000 SH SOLE 100,000 0 0 Flextronics International Ltd. Common Y2573F 10 2 4,945 630,000 SH SOLE 630,000 0 0 General Electric Company Common 369604 10 3 3,658 200,000 SH SOLE 200,000 0 0 GeoMet Inc. Common 37250U 20 1 2,300 2,000,000 SH SOLE 2,000,000 0 0 GeoMet Inc. Preferred Series A 37250U 30 0 2,176 210,253 SH SOLE 210,253 0 0 Heritage-Crystal Clean Inc. Common 42726M 10 6 4,024 400,000 SH SOLE 400,000 0 0 Home Federal Bancorp, Inc. Common 43710G 10 5 2,106 171,600 SH SOLE 171,600 0 0 Intel Corporation Common 458140 10 0 20,294 965,000 SH SOLE 965,000 0 0 Johnson & Johnson Common 478160 10 4 6,185 100,000 SH SOLE 100,000 0 0 JP Morgan Chase & Co. Common 46625H 10 0 4,242 100,000 SH SOLE 100,000 0 0 Maxim Integrated Products Common 57772K 10 1 2,999 126,989 SH SOLE 126,989 0 0 McMoRan Exploration Corporation Common 582411 10 4 11,312 660,000 SH SOLE 660,000 0 0 Medtronic, Inc. Common 585055 10 6 3,709 100,000 SH SOLE 100,000 0 0 Motorola, Inc. Common 620076 10 9 4,535 500,000 SH SOLE 500,000 0 0 Murphy Oil Corporation Common 626717 10 2 20,874 280,000 SH SOLE 280,000 0 0 NewStar Financial, Inc. Common 65261F 10 5 3,118 295,000 SH SOLE 295,000 0 0 Nexen Inc. Common 65334H 10 2 4,580 200,000 SH SOLE 200,000 0 0 Precision Castparts Corporation Common 740189 10 5 13,921 100,000 SH SOLE 100,000 0 0 QEP Resources Inc. Common 74733V 10 0 9,161 252,300 SH SOLE 252,300 0 0 RadiSys Corporation Common 750459 10 9 10,591 1,190,000 SH SOLE 1,190,000 0 0 Roper Industries, Inc. Common 776696 10 6 15,286 200,000 SH SOLE 200,000 0 0 Sonus Networks, Inc. Common 835916 10 7 8,624 3,230,000 SH SOLE 3,230,000 0 0 Vical Incorporated Common 925602 10 4 545 270,000 SH SOLE 270,000 0 0 Vodafone Group PLC Sponsored ADR 92857W 20 9 7,403 280,000 SH SOLE 280,000 0 0 Walgreen Co. Common 931422 10 9 8,961 230,000 SH SOLE 230,000 0 0 Xerox Corporation Common 984121 10 3 11,405 990,000 SH SOLE 990,000 0 0