They made a bunch the first year.. but then a massive depression hit the US economy. A lot sat in inventory, a bunch were shipped back from retailers who found they suddenly had a lot more inventory than buyers, etc. The Model 1920 was fairly expensive, could buy the Model 1899's for less in 1920.

So even though a lot were made in 1920.. a bunch of finished guns didn't sell (or were resold) in 1922 and 1923.

The Savage 1899 Model 250-3000 retailed for $60, the Model 1920 in 250-3000 retailed for $75.

“The Savage 99 Pocket Reference”.
All models and variations of 1895’s, 1899’s and 99’s covered.
Also dates, checkering, engraving.. Find at www.savagelevers.com