expression.ShowPicturePlaceHolders
expression Required. An expression that returns a View object.
Example
This example inserts a picture in the active document and displays picture placeholders in the active window.
Selection.Collapse Direction:=wdCollapseStart
ActiveDocument.InlineShapes.AddPicture Range:=Selection.Range, _
FileName:="C:\Windows\Bubbles.bmp"
ActiveDocument.ActiveWindow.View.ShowPicturePlaceHolders = True