JSFiddle - React, Tailwind, and code Playground

HTML

<div>
    <img src="http://upload.wikimedia.org/wikipedia/commons/6/60/Earth_from_Space.jpg" width="300" />
</div>

CSS

div{
   width: 300px;
   height: 300px;
   display: block;
   background:url(http://garmahis.com/wordpress/wp-content/uploads/2009/09/loading.gif) no-repeat center; 
    border: 1px solid #f0f0f0;
    margin: 10px;
}

JavaScript

$('div img').each(function(){
    $(this).hide(0);
    $(this).load($(this).attr('src'), function(){
        $(this).show();
    });
});