Power of Attorney

I, David M. Poppe, appoint John C. Hill, Lawrence P. Vogel and Marlene A.
Krumholz, signing singly, attorney-in-fact to: (1) Execute on my behalf and
in my capacity as a stockholder of Central Securities Corporation, a Delaware
corporation (the "Company"), Forms 3, 4 and 5 (the "Form" or "Forms") in
accordance with Section 16(a) of the Securities Exchange Act of 1934
(the "Act") and the rules thereunder; and

(2) Perform any and all acts on my behalf which may be necessary or desirable
to complete and execute any Form, including Form ID, and timely file such Form
with the United States Securities and Exchange Commission and any stock
exchange or similar authority; and

(3) Take any other action in connection with the foregoing which, in the
opinion of such attorney-in-fact, may be of benefit to, in the best interest
of, or legally required by me, it being understood that the documents executed
by such attorney-in-fact on my behalf pursuant to this Power of Attorney shall
be in such form and shall contain such terms and conditions as such
attorney-in-fact may approve in his discretion.

I grant to each such attorney-in-fact full power and authority to do and
perform any act necessary or proper to be done in the exercise of any of the
rights and powers herein granted, as fully to all intents and purposes as I
might or could do if personally present. I ratify and confirm all that such
attorney-in-fact shall lawfully do by the rights and powers granted by this
Power of Attorney. Each attorney-in-fact shall have full power of substitution
or revocation.

I acknowledge that the attorneys-in-fact, in serving in such capacity at my
request, are not assuming, nor is the Company assuming, any of my
responsibilities to comply with Section 16 of the Securities Exchange Act of
1934.

This Power of Attorney shall remain in full force and effect until I am no
longer required to file the Forms with respect to my holdings of and
transactions in securities issued by the Company, unless I earlier revoke it
in a signed writing delivered to the Office of the Secretary of the Company
for distribution to the foregoing attorneys-in-fact.

IN WITNESS THEREOF, the undersigned has caused this Power of Attorney to
be executed as of this 29th day of January 2020.

/s/David M. Poppe