To see an etching line you often have to take a blade past 800 grit to see the hardening line. On some blades you need to get the blade to the finish you want and then give it a short etch to bring out the hamon. How well a hamon shows depends on the hardening process, and heat treatment you gave the blade. Simple steel when treated properly show a very nice hamon.
If you hardened in oil it can be tough to get a good hamon.