UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2011 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 May 11, 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: 36 Form 13F Information Table Value Total: 456,744 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 5,886 120,000 SH SOLE 120,000 0 0 Agilent Technologies, Inc. Common 00846U 10 1 34,928 780,000 SH SOLE 780,000 0 0 Analog Devices, Inc. Common 032654 10 5 26,971 684,900 SH SOLE 684,900 0 0 AT&T Inc. Common 00206R 10 2 6,122 200,000 SH SOLE 200,000 0 0 The Bank of New York Mellon Corporation Common 064058 10 0 20,162 675,000 SH SOLE 675,000 0 0 Brady Corporation Class A 104674 10 6 26,768 750,000 SH SOLE 750,000 0 0 Carlisle Companies Inc. Common 142339 10 0 13,365 300,000 SH SOLE 300,000 0 0 CEVA, Inc. Common 157210 10 5 23,971 896,800 SH SOLE 896,800 0 0 Coherent, Inc. Common 192479 10 3 46,546 801,000 SH SOLE 801,000 0 0 Convergys Corporation Common 212485 10 6 24,412 1,700,000 SH SOLE 1,700,000 0 0 Devon Energy Corporation Common 25179M 10 3 18,354 200,000 SH SOLE 200,000 0 0 Flextronics International Ltd. Common Y2573F 10 2 4,706 630,000 SH SOLE 630,000 0 0 General Electric Company Common 369604 10 3 4,010 200,000 SH SOLE 200,000 0 0 GeoMet Inc. Common 37250U 20 1 3,280 2,000,000 SH SOLE 2,000,000 0 0 GeoMet Inc. Preferred Conv.A 37250U 30 0 2,992 216,823 SH SOLE 216,823 0 0 Heritage-Crystal Clean Inc. Common 42726M 10 6 5,895 413,712 SH SOLE 413,712 0 0 Home Federal Bancorp, Inc. Common 43710G 10 5 2,021 171,600 SH SOLE 171,600 0 0 Intel Corporation Common 458140 10 0 29,261 1,450,000 SH SOLE 1,450,000 0 0 Johnson & Johnson Common 478160 10 4 5,925 100,000 SH SOLE 100,000 0 0 JP Morgan Chase & Co. Common 46625H 10 0 4,610 100,000 SH SOLE 100,000 0 0 McMoRan Exploration Corporation Common 582411 10 4 11,689 660,000 SH SOLE 660,000 0 0 Medtronic, Inc. Common 585055 10 6 3,935 100,000 SH SOLE 100,000 0 0 Mindspeed Technologies Inc. Common 602682 20 5 4,019 475,000 SH SOLE 475,000 0 0 Motorola Mobility Holdings Common 620097 10 5 1,525 62,500 SH SOLE 62,500 0 0 Motorola Solutions Inc. Common 620076 30 7 8,938 200,000 SH SOLE 200,000 0 0 Murphy Oil Corporation Common 626717 10 2 20,558 280,000 SH SOLE 280,000 0 0 NewStar Financial, Inc. Common 65261F 10 5 3,046 278,900 SH SOLE 278,900 0 0 Precision Castparts Corporation Common 740189 10 5 14,718 100,000 SH SOLE 100,000 0 0 QEP Resources Inc. Common 74733V 10 0 10,228 252,300 SH SOLE 252,300 0 0 RadiSys Corporation Common 750459 10 9 10,305 1,190,000 SH SOLE 1,190,000 0 0 Roper Industries, Inc. Common 776696 10 6 15,563 180,000 SH SOLE 180,000 0 0 Sonus Networks, Inc. Common 835916 10 7 11,280 3,000,000 SH SOLE 3,000,000 0 0 Vical Incorporated Common 925602 10 4 799 270,000 SH SOLE 270,000 0 0 Vodafone Group PLC Sponsored ADR 92857W 20 9 8,050 280,000 SH SOLE 280,000 0 0 Walgreen Co. Common 931422 10 9 9,232 230,000 SH SOLE 230,000 0 0 Xerox Corporation Common 984121 10 3 12,674 1,190,000 SH SOLE 1,190,000 0 0