They don't look too bad, though you are getting more blow-by than I would like, each patch has a spot where the scorching goes around the ball. This is a new rifle? Fresh rifling is prone to cutting patches until it's worn in a bit, it looks like you might have one land that is a mite sharp. You might want to move up to a .020-.024 patch for awhile until the rifling burnishes a bit. The patch edges will fray no matter what, there's always some blow-by no matter how tight the patch and that will cause some fraying, and the rest happens when the patch hits the air @ 1000+fps. Scorching is dependent as much on lube as patch, you just don't want it burned through around the side though like you have, though again that may well go away in a hundred shots or so. What lube are you using and how much?
As for the sights, you want it to hit low right now. Once you have worked up an accurate load, you can file the front sight down a bit at a time to raise the impact until it's hitting the bullseye.