Edit in JSFiddle

<img src="http://i2.wp.com/webfaver.com/wp-content/uploads/2015/11/AQ8601_01_standard.jpg" height="200">
<img src="http://webfaver.com/jslkfj.jpg" height="200">
$("img").error(function(){
    $(this).attr("src","http://i1.wp.com/webfaver.com/wp-content/uploads/2015/11/noIMG.png")
})