If it is a new batch - especially something you haven't worked with before - I would do a coupon like you describe just to make sure nothing is off from the mill. Sometimes orders get mixed up so that will help you see if maybe something is way off.
After that to make sure there is nothing way off with your processes (in general), ideally you'd want to do everything to it you'd do in your normal workflow. The most straightforward test is to actually make a knife since that what you really want to test. Temperature is the bigger bad guy (vs time) with grain growth so if you really overheat it for just a short period, it can affect the grain. A cool experiment to help drive that home is to take an old file, snap it, and set it aside. Then bring it to a yellow heat and soak it for like a minute. Then quench as normal and snap that sample. The difference you'll see between the two samples is pretty amazing. I can't find the original article, but I've attached a picture of what it looks like (not my picture - I'm sure this has been posted here a hundred times). We did this experiment at a buddy's shop one time and only let it soak for a minute at yellow, then air cooled it and brought it back up to around 1500 and quenched and it ended up pretty coarse. In sort, any high heats you have while forging can come back to haunt you later.
For the testing, it can also be very helpful to perform those same tests on a modestly priced commercial example of the same type you're making. You'll probably realize the bar isn't quite as high as you might be imagining
EDIT: Realized that linking that image would violate some of the board rules. I'll try to find the photos I took of our experiment and post them here.